Stock market today: World shares retreat as 2024 trading draws to a close

Global shares retreated Monday in thin trading as the year was drawing to a close without the euphoria that pushed many world markets to record highs in 2024. Tokyo's benchmark Nikkei 225 index ended 1% lower, at 39,894.54. The last trading session of the year ended on a somber note with the Japan Exchange Group’s CEO Hiromi Yamaji apologizing during the traditional yearend ceremony over a recent insider trading case. "I acknowledge trust towards the market is essential for investors to trade with confidence,” Yamaji said. The exchange is working to improve training and verify findings of an independent investigation,…