European markets are set to open lower, with the U.K.'s FTSE 100 expected to drop 2 points, Germany's DAX down 19, France's CAC down 41, and Italy's FTSE MIB down 167. In China, manufacturing activity expanded in November, with the Caixin/S&P Global PMI at 51.5, indicating growth, while India's automaker launched two competitively priced electric vehicles, potentially boosting its stock. The S&P 500 has not seen a correction this year, up over 26% in 2024, as investors show little interest in non-U.S. equities amid discussions of American exceptionalism.
