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FTSE and US Markets Fall as Data Reveals Rising US Job Openings

This appears to be a summary of news articles from Yahoo Finance. Here are the key points:

Economy

  • UK retail sales increased by 0.7% in 2024 compared to 2023.
  • Food sales were up 3.3%, while non-food sales declined by 1.5%.
  • December saw a welcome sales growth for retailers, but overall growth was minimal.

Stock Market

  • US stocks rose on Monday, with the S&P 500 up 0.5% and the Dow Jones Industrial Average down 0.1%.
  • Chip stocks rallied after a strong sales forecast from Foxconn.
  • Nvidia’s stock climbed over 3%, reaching a record high.

Politics

  • Canadian Prime Minister Justin Trudeau resigned as Liberal Party leader, potentially resetting Canada’s trade relationship with the US during the second Trump administration.

Commodities

  • Gold prices rose to a six-week high due to concerns about inflation and currency fluctuations.
  • Oil prices were stable due to a decrease in demand from China and the Middle East.

Other News

  • US President-elect Donald Trump may ease tariffs on Canada if a conservative prime minister is elected.
  • The US construction industry experienced a decline in activity, according to S&P’s PMIs.
  • The unemployment rate in the euro area was reported to be 6.8% in December.

These are just some of the key points from the articles provided by Yahoo Finance. Let me know if you’d like me to summarize anything else!