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Asia Markets Mixed, Europe Gains As 2024 begins; Crude Oil And Gold Up – Global Markets Today While US Was Sleeping

On Friday, December 29th, the U.S. stock markets closed in red, the last trading day of 2023, concluding a year of robust gains fueled by a strong year-end rally and prospects of relaxed monetary policy. In economic data, the Chicago PMI dropped to 46.9 in December, a decline from November's 55.8, and fell short of the market expectations of 51.

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Asia Markets Mixed, Europe Gains, Crude Oil At $72, While Gold Slides – Global Markets Today While US Was Sleeping

On Thursday, December 28th, the U.S. stock markets closed mixed, with the Nasdaq composite recording a slight decline. In economic data, initial jobless claims rose to 218,000 in the week ending December 23rd, exceeding expectations. 

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Asian Markets Mixed, Europe Closed, Crude Oil Falls below $75 While Gold Hits $2,070 – Global Markets Today While Us Was Sleeping

On Friday, December 22nd, the U.S. stock markets closed mixed amid the holiday weekend as investors reacted to cooler-than-expected inflation data, increasing expectations for Federal Reserve rate cuts in the new year.

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Asia Markets Mostly In Red, Europe Up, Crude Oil Nears $75 – Global Markets Today While Us Was Sleeping

On Thursday, December 21st, the U.S. stock markets closed in green as economic data spurred hopes for a more relaxed Federal Reserve policy, boosting investor confidence. In economic data, U.S. jobless claims rose to 205,000, below expectations of 215,000, while Q3 economic growth adjusted down to 4.9%, a decrease from the previously estimated 5.2%.

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