Global news you need to know before Monday's U.S. stock market opens

Wallstreetcn
2024.12.23 13:59

Below expectations! U.S. durable goods orders for November preliminary value -1.1% month-on-month.
Hedge funds are going crazy long on the dollar against the yen, expecting a 5% rise in the coming months.
Volkswagen in Germany reaches a compromise with the union: promises not to close factories but will comprehensively reform its German operations and lay off 35,000 employees.
Honda Motor pre-market rises over 4.5%, Nissan and Honda officially start merger talks, planning to complete by 2026, with a combined scale to be the third largest globally.
Qualcomm pre-market rises over 3%, Qualcomm achieves a key victory in the ARM chip lawsuit.
Argentinian online travel company Despegar pre-market surges 26%, global investment firm Prosus will acquire the company for $1.7 billion.
Elon Musk comments on a post about the Federal Reserve's interest rate cuts on the X platform, stating that the number of Federal Reserve employees is excessively large and simply absurd.
Nikkei 225 index closes up 1.2%; Shanghai Composite Index closes down 0.5%; Hang Seng Index closes up 0.82%