It appears that this is a summary of market news and updates from around the world on December 31st. Here’s a brief summary:
US Markets
- Stocks were cautious in premarket trade, following a selloff on Monday
- The S&P 500 (^GSPC) slipped more than 1% while the tech-heavy Nasdaq Composite (^IXIC) fell roughly 1.2%
- The Dow Jones Industrial Average (^DJI) fell about 0.8%
Global Markets
- Asian markets were mixed, with Japan’s Nikkei (^N225) down 1%, South Korea’s KOSPI (^KS11) down 0.2%, and Hong Kong’s Hang Seng (^HSI) up 0.3%
- The London Stock Exchange closes at 12:30 pm for the new year
News
- The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider
- The agency sent a letter to Congress describing it as a "major cybersecurity incident"
Currency
- The pound (GBP) is set to end the year as the top-performing major currency against the dollar, with a rate of 1.2305
- The sterling was also flat against the euro (GBPEUR=X), at €1.2056
Other News
- Tesla and Nvidia were among the Big Tech names that fell on Monday, contributing to the decline in stocks
- The highly anticipated "Santa Claus" rally has flopped so far this year
I hope this summary helps! Let me know if you have any specific questions or need further clarification.
