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Australian stocks expected to open lower in 2025, mirroring Wall Street's New Year's Eve decline.
The Australian stock market is expected to open lower in 2025 due to Wall Street's decline on New Year's Eve.
ASX futures fell 77 points, or 0.9%, to 8148 on December 31, following the S&P 500 and Nasdaq 100's fourth straight drop.
Despite a 50% increase in the S&P 500 since 2023, driven by AI advancements, growth slowed in the final quarter due to concerns over President-elect Trump's policies and Federal Reserve interest rates.
The Australian dollar was at 61.91 US cents.
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Se espera que las acciones australianas se abran en 2025, reflejando la caída de la víspera de Año Nuevo de Wall Street.