European markets are expected to start the new trading week on a somber note, looking set to open in flat to lower territory Monday.
down 45 points at 34,713, according to data from IG. There are no major earnings or data releases in Europe Monday.
Traders will be assessing geopolitical upheaval in the Middle East after the ousting of Syrian President Bashar al-Assad over the weekend. Western leaders have greetedwere little changed Sunday night after the S&P 500 and Nasdaq Composite posted their third straight winning week, ahead of key inflation data due Wednesday.
The November consumer price index, due out Wednesday, is expected to show a slight uptick in pricing pressures. Economists polled by Dow Jones expect a 0.3% and 2.7% monthly and yearly increase, respectively. That would be up from 0.2% and 2.6%, respectively, from the prior month.CNBC Pro: Five global stocks the pros are buying before the start of 2025
2024 has seen some massive stock rallies, as investor interest in themes such as AI has shown little sign of waning. As the year-end nears, CNBC Pro asked three fund managers what global stocks they are buying in the lead-up to 2025, as they attempt to get ahead of the curve.How much holiday cheer is too much? Investor enthusiasm running highFrisco
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