News Formal

Australia Market Opens Lower as China Manufacturing Data Disappoints

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 32 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 51%

Business Notícia

Australia,Market,China

The Australian market started the last trading day of the year with losses, reacting to weaker-than-expected manufacturing data from China and a decline in U.S. stocks.

Australia market opened lower on the last trading day of the year, while investors in Asia assessed manufacturing data out of China. China's purchasing managers' index for December came in at 50.1, missing expectations, signaling that Beijing's stimulus measures were not sufficient to meaningfully boost the country's ailing economy. Analysts polled by Reuters forecast a reading of 50.3, the same as November PMI.

A reading above 50 indicates expansion in activity, while a figure below that level points to contraction. Japan and South Korea's stock markets are closed for the New Year's Eve holiday. South Korea's consumer inflation accelerated in December. Overnight in the U.S., stocks moved lower in one of the final trading sessions of 2024, as a banner year for investors appears to be ending on a sour note. Trading was choppy throughout the day, and the Dow was down more than 700 points at session lows. There was no apparent news catalyst for Monday's decline, and trading was expected to be light given the shortened wee

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 524. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Australia market opens lower as investors in Asia await China manufacturing dataAsia-Pacific markets are set to open lower on the last day of the year, tracking a day of losses in Wall Street.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Stocks Making Headlines Before the BellHere's a rundown of some companies making news before the market opens.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Fonte: NBCNewYork - 🏆 270. / 63 Consulte Mais informação »

Ari's Pantry, a Beloved Italian Market, Opens Second Location in Trinity GrovesThe small locally owned spot has a treasure trove of Italian goodies and is now expanding.
Fonte: dallas_observer - 🏆 453. / 53 Consulte Mais informação »

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

5 things to know before the stock market opens WednesdayHere are five key things investors need to know to start the trading day.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »