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European markets rose slightly on Tuesday, although the trading session was quiet ahead of the New Year holidays.

The pan-European Stoxx 600 The index opened slightly lower before rising slightly to trade 0.13% higher in early trading.

London FTSE 100 index and that of France CAC 40 both fell at the opening before recovering to trade around the flat line. Spain IBEX was trading 0.2% while the Dutch AEX index rose a little to 0.07%. European markets that are open today are scheduled for half a day of trading.

The markets in Germany, Switzerland and Italy are closed today. All European markets will be closed on New Year’s Day before reopening on January 2.

The best performing stock in the Stoxx 600 The index was the Finnish oil refining company. on thisan increase of 2.9%, closely followed by Banca Monte dei Paschi di Sienaan increase of 2.3%. The worst result of the index was the Portuguese energy company, Galp Energya decrease of 4.7%.

European markets closed lower on Monday after the last full trading session of the year, but regional stocks look set to close the year with modest gains; The FTSE 100 is up 4.75% so far this year, while Germany’s DAX has outperformed, with an increase of almost 19%. The CAC 40 index in France, besieged by the current political turbulence, has fallen more than 3% so far this year.

The Stoxx 600 is up about 5.5% so far this year, with the best performing sectors being banks (up 25%), then telecommunications (up 15.8%) and financial services stocks, with an increase of almost 15%.

The food and beverage, automobile and basic resources sectors have been the worst performers, all down around 12% over the course of 2024.

Putting the performance of the Stoxx 600, USA into perspective S&P 500 The index has gained about 24% this year.

Traders will once again keep an eye on publicly traded New York stocks. boeing after one of its planes was involved in a fatal crash in South Korea on Sunday.

boeing stock fell around 2.2% on Mondays. South Korean authorities are prepared to conduct an investigation in the crash, which killed 179 people, in an effort to determine its exact cause.

The Boeing 737-800, the model involved in the accidentIt is one of the most used aircraft in the world and has a strong safety record.

US stock futures They were slightly lower ahead of the last trading session of 2024, following another boom year for Wall Street. Asia-Pacific markets fell overnight as China’s manufacturing growth fell short of expectations. However, the country’s benchmark CSI 300 index was on track to close the year higher, ending three years of losses.

– CNBC’s Chloe Taylor contributed to this market report.