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AU Morning Wrap | ASX 200 opens lower on the last day of 2024, tracking Wall Street's movements

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Moomoo News AU wrote a column · Dec 31, 2024 08:10
G'day, mooers! Check out the latest news on today's stock market!
• Major U.S. stock indexes close lower on Monday.
• There is a widespread sell-off in the Australian equities market, with less positive effects observed.
• Stocks to watch: WDS and AMC.
AU Morning Wrap | ASX 200 opens lower on the last day of 2024, tracking Wall Street's movements
Wall Street Summary
The Santa rally is usually a time for markets to rise, but the major US stock indexes closed lower on Monday, with the $S&P 500 Index (.SPX.US)$ fell 1.07%, the $Dow Jones Industrial Average (.DJI.US)$ lost 0.92% and the $Nasdaq Composite Index (.IXIC.US)$ down 1.19%.
AU Market Watch
$S&P/ASX 200 (.XJO.AU)$ opened 0.5% lower, Australian shares declined on Tuesday due to a broad market sell-off, influenced by Wall Street's drop and the lack of a positive impact from high oil and commodity prices.
Crypto
As of latest data, $比特币(BTC.CC)$ is priced at $92,606.24, fell 0.88% in the past 24 hours, while $以太坊(ETH.CC)$ is priced at $3,358.65, up 0.49% in the past 24 hours.
Stocks to Watch
$Woodside Energy Group Ltd (WDS.AU)$ rose 0.4%, since it was expected to receive significant gas technology equipment from Baker Hughes for its Louisiana LNG project's initial phase. The order, facilitated by Bechtel Energy, involves compressors for two plants with an annual capacity of around 11 million tons.
$Amcor PLC (AMC.AU)$ fell 1.3% after it announced in a statement on Monday that it had finalized the sale of its 50% ownership in the Bericap North America (BCNA) joint venture for $122 million.
Economic calendar (AEDT)
No major economic announcements.
Source: Dow Jones Newswires, AFR
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