European markets are expected to open flat to lower on Tuesday ahead of the New Year holiday.
London FTSE 100 index The index is expected to open 20 points lower at 8,100 and France CAC 40 It is expected to open 5 points lower at 7,309. Both exchanges will close early today.
Markets in Germany and Italy are closed all day. All European markets will be closed on New Year's Day before reopening on January 2.
European markets closed lower on Monday after the last full trading session of the year, but regional stocks appear poised to close out the year with moderate gains. The Stoxx 600 is up about 5.5% so far this year, although this is much lower than its US counterpart. Standard & Poor's 500 Which increased by about 25% over the course of 2024.
Traders will once again be watching New York-listed stocks Boeing After one of its planes suffered a fatal accident in South Korea on Sunday.
Boeing shares decreased by about 2.2% on monday. The South Korean authorities are scheduled to do so Conduct an investigation In the accident that killed 179 people, we are trying to determine the exact cause of the accident.
The Boeing 737-800, the model involved in the accidentIt is one of the most widely used aircraft in the world and has a strong safety record.
US stock futures Stocks were slightly lower ahead of the final trading session of 2024, after another booming year on Wall Street. Asia Pacific markets It fell overnight as China's manufacturing growth missed expectations. However, the country's CSI 300 index was on track to close the year higher, ending three years of losses.
— CNBC's Chloe Taylor contributed to this market report.
