A trader works on the trading floor at the New York Stock Exchange in New York City, U.S., December 14, 2022.Here are the most important news items that investors need to start their trading day:Investors are holding out hope for a rally to end 2022, even though stocks are headed for a down December and their worst year since 2008. News that China effectively ended its zero Covid policy global markets and added some pep to U.S. equities futures early Tuesday.
While these swift changes have lifted optimism in markets, including the oil trade, China finds itself contending with a jump in infections that's straining the country's health system.A loader clears roadways on December 24, 2022 in Hamburg, New York. The Buffalo suburb and surrounding area was hit hard by the winter storm Elliott with wind gusts over 70 miles per hour battering homes and businesses through out the holiday weekend.