- US indices retreat from recent highs after a strong rally into year-end. The US100 leads declines, falling 0.7% amid semiconductor sector weakness. US500 drops 0.4% while US30 loses 0.2%. On the positive side, Mexican MEXComp gains 1.45% and BRAComp advances 1.06%. The VIX fear gauge holds steady around 16.03.
- European markets show mixed sentiment. FRA40 advances 0.71% to 7491.2, followed by UK100 gaining 0.54% to 8359.5. The DE40 declines 0.20% to 20367.8, while VSTOXX volatility index drops 0.67% to 14.78. Other notable movers include NED25 (+0.55% to 895.91), SPA35 (-0.42% to 12006), and ITA40 (-0.57% to 34585).
- Nvidia shares tumble 2% after China's market regulator launches antitrust probe into the company's AI chip market dominance. The investigation focuses on potential monopolistic practices, with Chinese revenues representing 15% of Nvidia's Q3 earnings.
- Apollo Global Management and Workday set to join S&P 500, replacing Qorvo and Amentum Holdings. Mondelez explores potential Hershey acquisition in deal that could create $50 billion food giant.
- European economic data disappoints as Sentix Investor Confidence falls to -17.5 vs -12.3 expected, highlighting continued weakness. Swiss consumer confidence improves to 49.4 from 47.4.
- Energy commodities surge with NATGAS leading (+3.77% to 3.197), followed by GASOLINE (+2.75% to 195.37) and OIL.WTI (+2.11% to 68.59). Precious metals also advance: SILVER (+3.07% to 31.922), PALLADIUM (+2.57% to 971.4), GOLD (+1.16% to 2662.44).s
- Dollar trades flat while Treasury yields rise 4bps to 4.19%. EUR/USD steady at 1.0571, GBP/USD gains 0.3% to 1.2776, and USD/JPY climbs 0.8% to 151.27.
- Cryptocurrencies under pressure with Bitcoin falling 2.6% to $97,525 and Ethereum dropping 3.8% to $3,841. MicroStrategy announces $2.1B additional Bitcoin purchase.
- Market focus shifts to Wednesday's CPI data, with core inflation expected at +0.3% MoM and +3.3% YoY. Markets price 85.8% probability of December Fed rate cut.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
