A currency trader stands near the screen showing the Korea Composite Stock Price Index at a foreign exchange dealing room in Seoul, South Korea, Thursday, Dec. 12, 2024. Currency traders watch computer monitors near the screens showing the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations at a foreign exchange dealing room in Seoul, South Korea, Thursday, Dec. 12, 2024.
Germany’s DAX edged 0.1% higher, to 20,423.73, while the CAC 40 in Paris was up less than 0.1%, at 7,426.24. Britain’s FTSE 100 gained 0.2% to 8,321.29.in Beijing to set economic plans and targets for the coming year. The government announced plans to expand trial private pension programs to the entire country, beginning Dec. 15.
Tokyo’s Nikkei 225 index advanced 1.2% to 39,849.14, led by buying of technology shares. Advantest Corp., which makes equipment for testing computer chips, gained 5.1%, while chip maker Tokyo Electron was up 0.6%.Stock market today: Nvidia drags Wall Street from its records as oil and gold risean update on inflationin nearly a month. Big Tech stocks helped drive the Nasdaq composite up 1.8% to 20,034.89, its first close above 20,000. The Dow Jones Industrial Average, meanwhile, dipped 0.2%.
Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an
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