Global Markets Report - 10 December
ASX set to open higher, after U.S. stocks slipped to start the week.
Australia
Australian shares are set to open higher, after U.S. stocks slipped to start the week.
ASX futures were up 0.03% or 3 points as of 9:00am on Tuesday, suggesting a higher open.
U.S. stocks slipped to start the week, highlighted by declines in Nvidia shares after China announced an antitrust probe into the chip giant.
All three major indexes fell, with the Dow Jones Industrial Average dropping 0.5% and the S&P 500 and Nasdaq Composite both giving up 0.6%.
The declines were broad. Nine of the 11 S&P 500 sectors finished in the red after the S&P 500 and Nasdaq had both closed Friday at record highs.
In commodity markets, Brent crude oil was up 1.1% to US$71.90 a barrel, while gold was unchanged at US$2,660.30.
The Australian dollar was at 64.37 US cents, up from its previous close of 63.88.
Asia
Chinese shares closed mixed. The benchmark Shanghai Composite Index remain unchanged at 3,402.53, and the Shenzhen Composite Index fell 0.4% to 2,057.32.
Hong Kong shares ended higher. The benchmark Hang Seng Index rose 2.8% to 20,414.09.
Japanese shares closed higher. The Nikkei Stock Average rose 0.2% to 39,160.50.
India shares ended lower. The BSE SENSEX fell 0.2% to 81,508.46.
Europe
Stocks in the U.K. finished higher. The FTSE 100 Index rose 0.5% to 8,352.08.
In Europe, shares closed mixed. Germany's DAX fell 0.2% to 20,345.96, and France's CAC 40 rose 0.7% to 7,480.14.
North America
US stocks ended down. The DJIA fell 0.5% to 44,401.93 , the S&P 500 fell 0.6% to 6,052.85, and the Nasdaq fell 0.6% to 19,736.69.
Among S&P 500 companies, the top three gainers were The Hershey Co HSY, surging 10.85%, Enphase Energy Inc ENPH jumped 6.75%, and Charles River Laboratories International Inc CRL lifted 5.18%.
The biggest decliners were Omnicom Group Inc OMC which dropped 10.25%, Comcast Corp CMCSA fell 9.5%, and Charter Communications Inc CHTR lost 9.2%.