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LONDON, ENGLAND – JANUARY 1: Fireworks light up the London skyline above Big Ben and the London Eye just after midnight on January 1, 2023 in London, England. London’s New Year’s Eve fireworks returned this year after being canceled during the Covid pandemic. (Photo by Dan Kitwood/Getty Images)
Dan Kitwood | Getty Images News | Getty Images
LONDON — European stocks are expected to open broadly lower on Wednesday, the last trading day of the year.
United Kingdom FTSE the index is expected to open down 0.2%, the German index DAX and that of France CAC40 down 0.3% and that of Italy MIB FTSE flat, according to IG data.
Markets will only be open for half a trading day on Wednesday and will be closed on Thursday for the New Year holiday before reopening on Friday.
Regional stocks extended gains to hit a new record high on Tuesday, with the pan-European market Stoxx 600 the index closing up 0.7%. Mining stocks were the best performers, with stocks listed in London Fresnillo gaining 6%. Peer minors Anglo-American, AntofagastaAnd Glencore increased by about 3%, respectively.
Precious metals, in particular gold And moneywere also the focus of investors during the holiday-shortened trading week.
US Stock Futures little changed Tuesday evening, as Wall Street prepared to ring in the last day of 2025.Asia-Pacific stocks fell overnight; Markets in Hong Kong and Australia will close early for the holiday, while those in Japan and South Korea will be closed for the day.
There are no major data releases in Europe on Wednesday.
