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Asia-Pacific markets mostly rise as investors await key economic readings; Australia hits record closing high - TL;DR CNBC

Asia-Pacific markets mostly rise as investors await key economic readings; Australia hits record closing high

Publishing timestamp: 2024-12-02 02:17:31


Summary

Asia-Pacific markets mostly higher as data-heavy week kicks off. China's manufacturing PMI beats expectations. Australia's retail sales rise. South Korea's exports slow. U.S. stocks hit new highs. Indonesia's inflation falls. Adani Group investor GQG Partners downgraded. China's new home prices accelerate. India automaker unveils new electric vehicles. S&P 500 on track for best year since 2021. U.S. stocks surge under promises of more deregulation. Market may reach peak before Trump's inauguration. S&P 500 index futures expected to reach 6300 by New Year's.


Sentiment: MIXED

Tickers: .IXIC.DXYJPY=LRCXNVDAADANIENT-IN.SZI.KS11.HSI.SSEC@CL.1AUD=.N225.AXJOARM.SPX.DJI@LCO.1

Keywords: nasdaq compositeaustralian dollar/us dollar fx spot rateice brent crude (apr'23)australiahang seng indexusd/jpynvidia corpwti crude (mar'23)dxy us dollar currency indexbreaking news: marketsshanghaikospi indexs&p/asx 200s&p 500 indexdow jones industrial averagepricesarm holdings plceconomic eventsbusiness newsasia economychinashenzhen component indexworld marketsnikkei 225 indexbreaking news: asiamarkets

Source: https://www.cnbc.com/2024/12/02/asia-markets.html


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