Beijing has expanded COVID-19 testing to the whole of the city

73% of young investors ditch old wealth paths for crypto & derivatives, embracing higher risk for faster gains.

US futures hold steadier as tech shares post minor rebound. S&P 500 futures +0.2%, Nasdaq futures +0.5%, Dow futures -0.1%

European indices open lightly changed to start the day. Eurostoxx flat, DAX -0.1%, CAC 40 flat, UK FTSE +0.1%, Spain IBEX +0.2%, Italy FTSE MIB +0.1%

Mazdutide trial shows 10% A1C drop in T2D patients. Investors eye pharma valuations amid promising results.

Employment conditions eased a little with the index slipping to 95 from 96 in November. The drop owes mostly to the downturn in the balance of future workforce size in the services sector.

The jump is largely helped by a marked improvement in manufacturing confidence (102 vs 98 previously) while services confidence remained steady (98 vs 98 previously).

French business confidence picks up in December, recording a reading of 98.7 - its highest since June 2024.