Wednesday, 21 December 2022

Zelenskyy meets with Biden on his first known wartime trip outside Ukraine

MORNING SQUAWK

APAC

Wednesday December 21 2022

AS OF THU, DEC 22, 2022 • 10:14 ET

S&P 500 Close		3,878.44
		+1.49%	+56.82

S&P 500 Futures		3,915.25
		+0.24%	+9.50

10-Year Treasury		3.656%
		0.00%	-0.028

Zelenskyy meets with Biden on his first known wartime trip outside Ukraine

Ukrainian President Volodymyr Zelenskyy met with President Joe Biden at the White House ahead of a speech to a joint session of Congress.

Asia markets rise after Wall Street saw boost from consumer confidence reading

Asia-Pacific shares traded higher, carrying on the optimism on Wall Street as stocks saw a boost from upbeat earnings and strong consumer confidence readings.

Dow closes up 500 points, lifted by upbeat earnings, strong consumer confidence data

Stocks rose after earnings reports from two bellwethers raised hopes that corporate earnings may be better than feared even with a potential looming recession.

Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager

As Chinese tech companies avoid U.S. delisting risk, investment dollars could flow back into these names, says investment manager KraneShares.

2023 should be a brighter year for the traditional 60/40 portfolio

After one of the worst annual performances in decades, financial experts anticipate a better year for the traditional 60% stocks, 40% bonds portfolio.