Overview
- The DAX hovered near 23,800 to 23,845, reinforcing a sideways phase below the 24,000 mark.
- The Dow closed at 47,882 (+0.9%) as the S&P 500 and Nasdaq notched roughly three-week highs, with Japan’s Nikkei up 2.3% providing additional tailwind.
- Traders continued to price a possible Fed rate cut next week after another decline in ADP private-sector employment.
- Brent and WTI added about 0.4% after reports of a strike on Russia’s Druzhba pipeline, while the operator and Hungary said deliveries remained normal.
- ISS Stoxx set December 22 index moves adding Aumovio and TKMS to the MDAX and sending Gerresheimer and HelloFresh to the SDAX, as Chevron outlined $18–19 billion in 2026 spending focused on the U.S. and Guyana.