Equities mixed after Nasdaq closed at record - 17.12.2024

The Dollar weakening has halted currently. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, ended 0.1% lower on Monday.

GBP/USD joined EUR/USD’s slowed advancing yesterday as SP Global’s Flash Purchasing Managers’ Index data showed slight improvements in euro area private sector output in December. Euro is lower against the dollar currently while Pound is higher. AUD/USD joined USD/JPY’s slowed climbing on Monday with the yen higher against the Greenback currently and Australian dollar lower.

Futures on three main US stock indexes are down currently with the yield on benchmark 10-year Treasury down at 4.397%. US markets ended mixed on Monday as the three main stock benchmarks recorded daily returns in a range from -0.25% to 1.24% with Nasdaq closing at record while S&P Global flash manufacturing PMI data indicated manufacturing output contraction accelerated this month.

European stock indexes futures are down currently after indexes closed marginally lower on Monday with auto shares leading losses. Asian indexes futures are mixed today with Australia’s All Ordinaries ASX 200 Index leading gains after mixed Chinese data showed China’s industrial output increased in November as expected while retail sales growth decelerated sharply.

Brent is edging higher currently. Oil prices ended lower yesterday after release of weak consumer spending data in China, the world's largest oil importer. US West Texas Intermediate WTI ended 0.8% lower but is up currently. Brent lost 0.8% to $73.91 a barrel on Monday.