At approximately 08:55 in Lisbon, the EuroStoxx 600 fell 0.08% to 574.94 points.
Stock markets in Paris and Frankfurt decreased by 0.04% and 0.11%, respectively, while Madrid and Milan saw declines of 0.19% and 0.21%. In contrast, London’s market rose by 0.15%.
Lisbon’s stock exchange reversed its opening trend, trading down with the main index, PSI, dropping 0.44% to 8,087.12 points, following a recent high since January 2010 of 8,484.01 points on November 5.
In Spain, inflation moderated by one-tenth in November to 3% year-on-year, mainly due to a fall in electricity prices compared to the increase in November 2024.
In Asia, Tokyo’s main index, the Nikkei, climbed 0.17%, driven by banking stock purchases in anticipation of interim dividends, while the benchmark index in Shanghai rose by 0.34%, Shenzhen increased by 0.85%, and Hong Kong’s Hang Seng decreased by 0.15% shortly before the session’s close.
Japan presented its draft supplementary budget for 2025 today, valued at 18.3 trillion yen (over 100 million euros), the highest since the COVID-19 pandemic, to fund a stimulus package addressing rising living costs amid high inflation.
Wall Street futures, with the market closed Thursday for Thanksgiving, are showing slight increases, with the Nasdaq up 0.22% and the Dow Jones up 0.15% on a day that only a half-session will occur to celebrate Black Friday amid economic uncertainty that points to an estimated 4% less spending than in 2024.
On Wednesday, the Nasdaq, a high-tech index, closed up 0.82% at 23,214.69 points, compared to the all-time high of 23,958.47 points recorded on October 29.
The Dow Jones ended up 0.67% at 47,427.12 points, against a new high since its creation in 1896 of 48,254.82 points noted on November 12.
A week after the U.S. sanctions on Russian oil companies Lukoil and Rosneft took effect, India is cautiously assessing the impact on its energy supply and relationship with Washington as the industry begins to respond to new restrictions amid a delicately balanced diplomatic scenario.
Brent crude, the benchmark in Europe for delivery in January 2026, rose to $63.50, up from $63.34 in the previous session.
The price of gold, historically seen as a safe haven asset in times of uncertainty, was on the rise today, with an ounce trading at $4,166.03, up from $4,157.89 on Thursday and compared to the current all-time high of $4,347.86 noted on October 20.
In the debt market, the 10-year German bond yields rose to 2.687%, up from 2.679% on Thursday.
The euro slightly declined to $1.1577 in the Frankfurt foreign exchange market, down from $1.1595 on Thursday, against a new four-year high of $1.1865 noted on September 16.
