By Sama Marwan,
Global financial markets experienced mixed performance on December 22, 2024, influenced by various economic and political factors. Below is a summary of the key developments:
U.S. Markets:
- Dow Jones Industrial Average: Increased by 498.02 points, reaching 42,840.26 points, marking a 1.18% rise.
- Nasdaq Index: Gained 199.83 points, closing at 19,572.60 points, up by 1.03%.
- S&P 500 Index: Rose by 63.77 points, recording 5,930.85 points, an increase of 1.09%.
European Markets:
- German DAX Index: Declined by 85.11 points, settling at 19,884.75 points, down by 0.43%.
- French CAC 40 Index: Fell by 19.89 points, recording 7,274.48 points, a drop of 0.27%.
- UK FTSE 100 Index: Decreased by 20.70 points, closing at 8,084.60 points, down by 0.26%.
Asian Markets:
- Hang Seng Index: Dropped by 31.81 points, ending at 19,720.70 points, a decrease of 0.16%.
- Nikkei 225 Index: Declined by 111.68 points, recording 38,701.90 points, down by 0.29%.
Commodity Markets:
- Crude Oil:
- Brent Crude: Rose by $0.10, reaching $72.94 per barrel, up by 0.14%.
- WTI Crude (NYMEX): Gained $0.08, recording $69.46 per barrel, an increase of 0.12%.
- Gold: Increased by $37.00, reaching $2,645.10 per ounce, up by 1.42%.
Key Highlights:
- Boeing’s Deal with Turkey: Boeing announced a historic $36 billion deal with Turkey to supply new aircraft, enhancing its presence in the Turkish market.
- Metro Network Launch in Vietnam: Ho Chi Minh City in Vietnam inaugurated its metro network after years of delay, aiming to improve infrastructure and reduce traffic congestion.
- Appointments in the U.S. Administration: U.S. President Donald Trump nominated a former Treasury official to head the Council of Economic Advisers, a move to strengthen the administration’s economic team.
