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Asian Stock Market 5 things to know before the stock market opens on the final day of the decade


Asian Stock Market

Asian Stock Market 5 things to know before the stock market opens on the final day of the decade

1. S&P 500 set for best year since 2013 (but possibly 1997)U.S. stock futures were under some pressure on the final day of 2019 and the decade. The S&P 500 is tracking for its best year since 2013, with a 28.5% gain for 2019 as of Monday’s close on Wall Street. If the index were…

Asian Stock Market 5 things to know before the stock market opens on the final day of the decade

Asian Stock Market

Asian Stock Market 1. S&P 500 station for absolute very top One year since 2013 (but per chance 1997)

U.S. inventory futures were beneath some strain on the final day of 2019 and the final decade. The S&P 500 is monitoring for its absolute very top One year since 2013, with a 28.5% invent for 2019 as of Monday’s stop on Wall Road. If the index were to upward thrust about 1% on Tuesday, and unfriendly the 3,253 degree, this One year would traipse 2013 and change into the categorical One year since 1997. The S&P 500, Dow Jones Industrial Realistic and Nasdaq are all stop to file highs regardless of Monday’s declines. For the final decade, the S&P 500 is up 189%, the Dow is up 173% and the Nasdaq is up 294%. On Tuesday’s financial calendar, the S&P CoreLogic Case-Shiller house mark index for October and the Conference Board’s December person self belief index are out at 9 a.m. ET and 10 a.m. ET, respectively.

Asian Stock Market 2. China manufacturing expands for 2d straight month

Workers work on the manufacturing line of a television factory beneath Zhaochi Group in Shenzhen, China August 8, 2019.

Jason Lee | Reuters

China’s legit buying managers’ index came in barely above expectations at 50.2 in December. Despite the incontrovertible fact that December was as soon as the 2d straight month of enlargement for the legit manufacturing PMI, economists from Nomura cautioned that the pattern might per chance per chance per chance also simply no longer be sustainable. The options came as Chinese Vice Premier Liu He, that nation’s prime alternate negotiator, is made up our minds to study with Washington this week to signal the “section one” alternate deal with the U.S., the South China Morning Publish reported Monday.

Asian Stock Market 3. Trump: Iran would per chance be held ‘absolutely responsible’ for attack on US embassy in Iraq

President Donald Trump on Tuesday blamed Iran for planning an attack on the U.S. Embassy in Iraq. “Iran killed an American contractor, wounding many. We strongly responded, and constantly will,” the president wrote on Twitter. “Now Iran is orchestrating an attack on the U.S. Embassy in Iraq. They’re going to be held absolutely responsible.”

Trump’s tweet came after dozens of inflamed Iraqi Shiite militia supporters stormed the U.S. Embassy compound in Baghdad and station fireplace to a reception house on the grounds earlier in the day. The embassy attack followed lethal U.S. airstrikes on Sunday that killed 25 warring parties of the Iran-backed militia in Iraq.

Asian Stock Market 4. Biden says he would take be conscious of a Republican operating mate

Democratic Presidential candidate primitive vp Joe Biden speaks to company for the length of a campaign stay on the RiverCenter on October 16, 2019 in Davenport, Iowa.

Scott Olson | Getty Photos

Mature Vice President Joe Biden, the 2020 Democratic presidential front-runner, stated he would take be conscious of picking a Republican operating mate if he were to be his occasion’s nominee next One year. Nevertheless, at the same time as he raised the doable of a GOP veep while talking to a crowd in Exeter, Contemporary Hampshire, Biden stated Monday, “Nonetheless I’m in a position to no longer judge of 1 gorgeous now.” On the campaign path, Biden has incessantly spoken regarding the necessity to work with Republicans in Congress might per chance per chance per chance also simply mute he prevail in the November 2020 overall election.

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Asian Stock Market 5. Tencent consortium to come to a decision up to 20% of In style Tune

Singer Taylor Swift performs on the stage for the length of the gala of 2019 Alibaba 11.11 Worldwide Searching Festival at Mercedes-Benz Enviornment on November 10, 2019 in Shanghai, China.

VCG | Visual China Group | Getty Photos

A consortium led by China’s Tencent Tune agreed to come to a decision up to 20% of Vivendi’s In style Tune in a deal that values the sphere’s very top track label at $34 billion. In style Tune counts The Beatles, Taylor Swift and Girl Gaga amongst its artists. The settlement will allow each companies to magnify in a getting better global track market. Tencent is getting more get entry to to U.S. artists while In style can tap into the Asian market, which functions mammoth-promoting “K-Pop” Korean pop stars.

— The Linked Press and Reuters contributed to this file.

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