Daily comment 12.11.2024

Stock Indices

  • S&P 500: The S&P 500 opened on a cautious note, as investors anticipate a mix of economic data releases later in the week, including U.S. inflation figures. Technology and healthcare stocks are holding steady, balancing declines in energy and financials.
  • NASDAQ: The NASDAQ index is facing pressure as investors weigh potential rate hikes by the Federal Reserve. Major tech stocks are experiencing slight declines, which adds to the overall market caution.
  • European Markets: European indices are trading higher today, supported by strong earnings in the banking and consumer goods sectors. However, concerns remain around inflation, which may affect future ECB policy.
  • Asian Markets: Asian markets closed with mixed results. Japan’s Nikkei index rose due to positive corporate earnings reports, while Chinese markets remain under pressure from ongoing real estate challenges and regulatory uncertainty.