Markets Edge Higher Ahead of Key Economic Data
Update: 2025-12-23
Description
Global stock markets inched higher on Tuesday, with investors awaiting key U.S. economic data. Futures for the S&P 500 and Dow Jones Industrial Average rose slightly. In Europe, Germanys DAX and Frances CAC 40 fluctuated, while Britains FTSE 100 nudged up. Gold and silver reached new highs. In Asia, Tokyos Nikkei remained unchanged, while the dollar weakened against the yen. The euro strengthened, and Australias ASX 200 and South Koreas Kospi surged. U.S. markets closed early for Christmas Eve and Thursday. Tuesday brings the first estimate of third quarter GDP and December consumer confidence. Wednesday has jobless claims data. Despite high inflation, fading consumer confidence, and a cooling job market, Wall Street expects the Fed to hold rates steady in January. This short trading week could set the tone for markets as they eye the economys path forward.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
