U.S. stock futures, the S&P 500 e-minis , inched up 0.61%, indicating the market is set to rise as traders return to their terminals on Tuesday after the Christmas holiday.Chaoping Zhu, a global market strategist and JPMorgan Asset Management, said the latest policy move from China indicated economic activity in most major cities may return to normal very quickly, which is very positive for investors.
He also said the reopening of China, which also entails resuming outbound visits for Chinese tourists, will lift consumer and service sectors outside of the country, particularly those in nearby Southeast Asia. Oil prices ticked up on thin trade on Tuesday, on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil.Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up 85 cents, or 1.1%.
Foreign stocks? Cause our market hasnt opened yet.
Unexpected News
A connection between the dollar and China's internal affairs is implied. Is this intentional or just a verbal flourish?
The media only report stories that help the one who manipulate the market
All those protests in China a few weeks ago and the Communist Party folded like a deck of cards on Covid restrictions.