Asian Stock Market Falls Amid Christmas Holiday

Reported 3 days ago

On Christmas Day, Asian stock markets, including Japan's Nikkei and China's Shanghai Composite, experienced modest declines, while most global markets remained closed. Despite the downturn in Asia, U.S. stocks rose in the previous trading session, enjoying a boost from major tech companies, with the S&P 500 gaining 1.1%. Oil prices also increased, with U.S. crude reaching $70.17 per barrel. Overall, fears regarding economic policies and inflation persist, but the U.S. market is on track for robust returns in 2024.

Source: YAHOO

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