The article discusses various market trends and events that took place on Friday (December 27th). Here are some of the key points:
- US stocks struggling: US stocks were set to open lower, with the S&P 500 down below the flatline, and the Nasdaq falling slightly.
- Gold prices decline: Gold prices fell by nearly 0.4% to $2,641.30 per ounce, but are still on track to post gains for the week.
- Kospi lower as South Korea votes to impeach interim president: The KOSPI Composite index finished 1% lower due to ongoing political turmoil in South Korea.
- Number of UK retailers in financial distress rises: There were 2,124 retailers in "critical financial distress" in the first 11 weeks of the October-December quarter, a 25% increase from the previous quarter.
- Bitcoin falls: Bitcoin fell to hover near the $96,000 level as volatile trading continued.
These are some of the key market trends and events discussed in the article. Let me know if you’d like me to clarify any of these points or provide more information!
