Global news you need to know before the U.S. stock market opens on Tuesday

Wallstreetcn
2024.12.17 14:01

The China-U.S. Financial Working Group held its seventh meeting.
Trump: The U.S. and China can solve all the problems in the world together.
The State-owned Assets Supervision and Administration Commission: Enhancing the investment value of central enterprises' listed companies and strengthening investor returns should be treated as a long-term task.
Boosted by a surge in car purchases, U.S. retail sales in November increased by 0.7% month-on-month, exceeding expectations.
$180 billion asset management giant T. Rowe Price: With deteriorating fiscal conditions, U.S. Treasury yields will soon reach 6%.
European Central Bank Governing Council member Rehn: With inflation stabilizing, the direction of interest rates is clear.
UK wage growth exceeded expectations! The pound rose, traders reduced bets on a Bank of England rate cut, and the yield on UK 30-year government bonds rose to its highest level since 2023.
Alibaba: Sold Intime for 7.4 billion yuan, expected to record a loss of about 9.3 billion yuan.
Pfizer's U.S. stock rose over 3% in pre-market trading, with the company expecting revenue of $61 billion to $64 billion in 2025.
Some Chinese concept stocks rose in pre-market trading in the U.S., while European stocks and gold fell, and the three major U.S. stock index futures slightly declined.
The Nikkei 225 index closed down 0.2%, the Shanghai Composite Index closed down 0.73%, and the Hang Seng Index closed down 0.48%