Scoreboard: Stocks ease

Lower oil prices caused European and US sharemarkets to dip across the board, while base metal prices strengthened.

In US economic data, the consumer confidence index rose from 91.0 to 92.6 in December, just short of expectations centred on a result near 93.0. The Case Shiller home price index rose by 0.8 per cent in October to stand 4.5% on a year ago. Economists had tipped a 4.4 per cent annual gain. Chain store sales were up by 5.4 per cent in the latest week on a year earlier. And the Dallas Federal Reserve services index eased from 25.4 to 20.5 in December.


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