Lujiazui Business Districk in Pudong, Shanghai, China.<\/p>\n
Liqun Liu | Construction Photography | Hulton Archive | Getty Images<\/p>\n
Asia-Pacific markets fell on the holiday-shortened and final trading day of the year.<\/p>\n
Markets in Hong Kong and Australia will close early for the holidays, while Japan and South Korea are shut for the day.<\/p>\n
Australia’s S&P\/ASX 200<\/a>\u00a0fell 0.17%.<\/p>\n Hong Kong’s Hang Seng index<\/a> declined 0.42%, while the mainland CSI 300 was flat. China’s economy ended the year on a slightly less gloomy note<\/a>, as factory activity expanded in December for the first time since March, beating expectations, according to official data released Wednesday.<\/p>\n The official manufacturing purchasing managers index rose to 50.1 in December, above the 49.2 forecast by economists polled by Reuters, and higher than 49.2 in November. A reading above 50 indicates expansion.<\/p>\n The MSCI All Country World Index<\/a>, which measures the performance of over 2,500 large and mid-cap equities from developed and emerging markets, has climbed over 21% since the start of the year, hitting a record high of 1,024.29 on Dec. 26, data from LSEG showed.<\/p>\n U.S. equity futures were flat in early Asian hours.<\/p>\n Overnight in the U.S., the\u00a0S&P 500<\/a>\u00a0fell modestly, notching a third consecutive losing session. The broad market\u00a0index lost 0.14% and closed at 6,896.24, while the\u00a0Nasdaq Composite<\/a>\u00a0slipped 0.24% and settled at 23,419.08. The\u00a0Dow Jones Industrial Average<\/a>\u00a0shed 0.20%, and ended at 48,367.06.<\/p>\n The three major averages have slumped to start the week, dragged down by losses in tech.\u00a0Nvidia<\/a>\u00a0posted back-to-back losing sessions, as did fellow AI play\u00a0Palantir Technologies<\/a>.<\/p>\n \u2014CNBC’s Lim Hui Jie, Sean Conlon and Liz Napolitano contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images…\n","protected":false},"author":3,"featured_media":481677,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8000,4740,133,64,81,8001,7994,218162,170,135,15243,67,132,68],"class_list":{"0":"post-481676","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-asia-economy","9":"tag-australia","10":"tag-breaking-news-markets","11":"tag-business","12":"tag-business-news","13":"tag-economic-events","14":"tag-hang-seng-index","15":"tag-ishares-msci-acwi-etf","16":"tag-japan","17":"tag-markets","18":"tag-south-korea","19":"tag-united-states","20":"tag-unitedstates","21":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115812540306853207","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/481676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=481676"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/481676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/481677"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=481676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=481676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=481676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}