NewsWare’s Trade Talk: Tuesday, December 24

S&P Futures are trading higher this morning in a tight trading range, volumes are light. China announced plans to issue $411B in special treasury bonds which will be used to help boost consumption. The Committee on Foreign Investment in the U.S. referred the decision on the proposed buyout of U.S. Steel by Nippon Steel to President Biden. Netflix sues Broadcom’s VMware over violation of patent rights Banks are higher and airline stocks are on watch this morning. Equity markets to close at 1:00 pm today. In Europe stocks showing gains, Germany is close, France & U.K. markets have a shortened trading session today. Oil prices are ticking higher in the pre-market.

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