Premarket: Global shares struggle after Wall Street wobble, bonds roar on

News Snapshot:

Share markets had an end of year wobble on Thursday, while bonds completed a remarkable round trip for the year on the consensus view that large parts of the world will be chopping interest rates in 2024. Wall Street had suffered its biggest drop since September on Wednesday. There was no obvious catalyst but with holidays fast approaching and a final dump of U.S. data due later neither Asia no Europe offered much resistance. Europe’s STOXX 600 index fell 0.4% early on in a broad market selloff where the region’s car sector skidded 1% and both tech and travel slipped...