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Reuters Published January 3, 2025 Reading time
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World shares start 2025 with a wobble on Trump trepidation

By
Reuters Published
January 3, 2025

World shares struggled for traction on Thursday after a jittery close to 2024, while the dollar weakened as investor sentiment dithered ahead of Donald Trump's return to the White House.

The start of the New Year was shaping up to be a less favourable one for equities, as uncertainty over the policies of incoming U.S. President Trump and a more hawkish Federal Reserve outlook looked set to dominate market rhetoric for now.

Global shares, which had closed out 2024 with a strong annual gain of nearly 16%, clocked a monthly loss of more than 2% in December and ticked 0.05% lower after the European open.