What Happened With Global Stocks Through Christmas?

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What Happened With Global Stocks Through Christmas?

Traders work on the floor of the New York Stock Exchange during the beginning of the Christmas holiday week on December 23, 2019 in New York City. SPENCER PLATT / GETTY IMAGES NORTH AMERICA / AFPGlobal stock markets were mostly flat in quiet Christmas Eve trading on Tuesday, running out of fizz before the festive break, although the Nasdaq hit its ninth straight record close.

It was a similar picture in other major markets, as London’s benchmark FTSE 100 shares index rose 0.1 percent, while the Paris CAC 40 finished flat. The company sent the documents to the committee late Monday, hours after announcing it had ousted Dennis Muilenburg as chief executive and installed Chairman David Calhoun in the post. Shares had rallied on the leadership change.

Global equities have already enjoyed a “Santa Rally” as dealers welcomed news over the US-China trade war and Brexit, having been on a roller-coaster ride for the last 12 months.

 

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