Investors will assess business sentiment data out of Japan, as well as wholesale inflation prices from India
, which measures wholesale inflation, climbed 0.4% for November, higher than the Dow Jones estimate of 0.2%. On an annual basis, PPI advanced 3%, its biggest rise since the 12 months ended February 2023.The Tankan index for large manufacturing firms climbed to 14 in the quarter ended December, up from 13 in the September quarter and beating the 12 expected from economists polled by Reuters.
CNBC Pro: Want to cash in on the emerging market boom? Here are 2 of HSBC's 'best stock ideas' with over 50% upside potential HSBC is sticking to its"cautiously constructive" stance on them in 2025, as U.S. President-elect Donald Trump prepares to return to office in January. "The Mag 7 is not going quietly to end the year," he wrote in a Thursday note."The most important thing on our screens the last few weeks has been the return of mega-cap leadership after a lengthy rest."all hit fresh highs in the previous session. Those stocks have seen year-to-date gains of more than 50%, more than 78%, nearly 29%, more than 37% and more than 69%, respectively.has risen around 27% this year, hovering around its all-time highs.
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