{"id":44353,"date":"2024-12-31T13:01:00","date_gmt":"2024-12-31T13:01:00","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/european-stocks-edge-higher-on-2024s-last-trading-day-cac-40-ftse-up-over-0-30\/"},"modified":"2024-12-31T13:01:00","modified_gmt":"2024-12-31T13:01:00","slug":"european-stocks-edge-higher-on-2024s-last-trading-day-cac-40-ftse-up-over-0-30","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/european-stocks-edge-higher-on-2024s-last-trading-day-cac-40-ftse-up-over-0-30\/","title":{"rendered":"European stocks edge higher on 2024\u2019s last trading day: CAC 40, FTSE up over 0.30%"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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European markets moved slightly higher on Tuesday in a shortened trading session ahead of the New Year holiday. <\/p>\n

The pan-European Stoxx 600 index, was in the red on the last trading session of 2024.<\/p>\n

The FTSE 100 in London and France\u2019s CAC 40 both opened lower but recovered to trade higher. <\/p>\n

At the time of writing, the FTSE 100 was up 0.30% to trade at 8,145.72, while the CAC 40 was up 0.36% to trade at 7,340.24.<\/p>\n

Markets in Germany, Switzerland, and Italy remained closed, and all European markets will resume trading on January 2 after the New Year\u2019s Day holiday.<\/p>\n

Year-end performance <\/h2>\n

European stocks are on track to close the year with moderate gains. <\/p>\n

The FTSE 100 climbed 4.75% year-to-date, while Germany\u2019s DAX outperformed with a nearly 19% rise. <\/p>\n

In contrast, France\u2019s CAC 40 fell over 3%, weighed down by ongoing political instability.<\/p>\n

The Stoxx 600 has advanced approximately 5.5% in 2024, driven by strong performances in specific sectors. <\/p>\n

Asian stock under pressure<\/h2>\n

Asian stocks declined in light holiday trading on Tuesday, with thin volumes due to market closures in Japan and South Korea for the New Year’s Eve holiday. <\/p>\n

Other regional markets, including Australia, New Zealand, Singapore, and Hong Kong, closed early for the holiday.<\/p>\n

China’s Shanghai Composite index dropped 1.63% to 3,351.76 after data revealed slower expansion in the country’s factory activity for December<\/a>. <\/p>\n

China’s manufacturing sector showed signs of slowing in December, as the official Purchasing Managers’ Index (PMI) dipped slightly to 50.1 from 50.3 in November. <\/p>\n

However, the non-manufacturing PMI surged to 52.2.<\/p>\n

Hong Kong’s Hang Seng index edged up slightly to finish at 20,059.95.<\/p>\n

Australian markets ended the year lower, with losses led by banks, miners, and consumer discretionary stocks. <\/p>\n

The S&P\/ASX 200 fell 0.92% to 8,159.10, its lowest close since December 20, while the All Ordinaries index slipped 0.89% to 8,420.50.<\/p>\n

Indian equities also had a rough day but managed to make a slight comeback later in the day.<\/p>\n

The benchmark Sensex closed approximately 109 points lower, rebounding from an intraday loss of 688 points earlier in the session. <\/p>\n

The 30-stock index closed at 78,139.01.<\/p>\n

US stock futures remain muted<\/h2>\n

US stock futures dipped slightly as 2024 neared its close. <\/p>\n

Dow Jones Industrial Average futures edged slightly higher, going up 78 points to 43,005.<\/p>\n

S&P 500 futures were also higher, up 0.25% at 5,973.25. <\/p>\n

The tech-heavy Nasdaq-100 futures experienced the most significant upward movement.<\/p>\n

The index was up 0.30% at 21,479.75.<\/p>\n

This quarter, the Nasdaq and S&P 500 surged 7.1% and 2.5%, respectively, putting them on track for a fifth consecutive positive quarter \u2013 a feat not achieved since 2021. <\/p>\n

The Dow Jones Industrial Average saw a more modest gain of 0.6% over the same period, marking its fourth positive quarter in five.<\/p>\n

The post European stocks edge higher on 2024’s last trading day: CAC 40, FTSE up over 0.30%<\/a> appeared first on Invezz<\/a><\/p>\n

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(Originally posted on : Invezz ) European markets moved slightly higher on Tuesday in a shortened trading session ahead of the New Year holiday. The pan-European Stoxx 600 index, was in the red on the last trading session of 2024. The FTSE 100 in London and France\u2019s CAC 40 both opened lower but recovered to […]<\/p>\n","protected":false},"author":3947362387,"featured_media":44354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[37],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/44353"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362387"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=44353"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/44353\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/44354"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=44353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=44353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=44353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}