Global stocks near record highs

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Global stocks near record highs

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A television speaker prepares yourself for the everyday reporting from the flooring of the German share rate index DAX at the stock market in Frankfurt, Germany, November 15,2023

Staff|Reuters

LONDON– European markets are set to open greater on Wednesday to begin the last trading week of 2023, as significant indexes all over the world hover near record highs.

The pan-European Stoxx 600 index closed the Friday session, the last before the Christmas break, at 477.6, up 12.41% on the year and simply listed below the index’s record closing high of 483.44 notched in November 2021.

Stock markets in Europe were closed on Monday and Tuesday in observance of Christmas Day and Boxing Day.

Stateside, the S&P 500 is likewise looking for an all-time high after another winning day on Wall Street onTuesday U.S. stock futures were primarily flat in early premarket trade on Wednesday.

Shares in Asia-Pacific advanced over night, with Chinese and Hong Kong indexes bouncing on the back of a strong revealing for computer game stocks. Australia’s S&P/ ASX 200 struck its greatest level because April 2022.

Trading volumes are anticipated to be thin throughout the last 3 days of the trading year, with less information points on the financial calendar and all significant reserve bank conferences out of the method.