Australia Market Opens Lower as China Manufacturing Data Disappoints

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

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks Making Headlines Before the BellHere's a rundown of some companies making news before the market opens.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

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

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.
مصدر: dallas_observer - 🏆 453. / 53 اقرأ أكثر »

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

5 things to know before the stock market opens WednesdayHere are five key things investors need to know to start the trading day.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »