S&P 500 Futures part ways from Wall Street, Treasury bond yields dribble as 2022 bids adieu

While portraying the mood, the US 10-year Treasury yields fade the previous day’s pullback from the six-week high by taking rounds to 3.8% while the S&P 500 Futures print mild losses around 3,865 despite Wall Street’s positive closing.

Recently, the UK-based health data firm Airfinity said on Thursday that around 9,000 people in China are probably dying each day from COVID-19, double the numbers expected the previous day and higher than the official figures conveyed by China. It’s worth noting that seven counties including the US, the UK and Japan have already announced Covid-test requirements for travelers from China.

Looking forward, a virtual meeting between China President Xi Jinping and Russian counterpart Vladimir Putin could entertain traders while the US Chicago Purchasing Managers’ Index for December, expected 41.2 versus 37.2 prior, will decorate the calendar. Following that, Saturday’s official readings of China Manufacturing and Non-Manufacturing PMIs for the current month will be important to watch for clear directions.

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S&P 500 futures rise as Wall Street heads into the final trading days of 2022Recession fears have weighed on investor sentiment this week and month. A quick look at some of the 5 yr return of stock markets worst performers this year: $nvda +230% $amzn +33% $googl +65% $nflx +35% $roku -2% And by FAR the worst $dis -23% 5 yr return under RobertIger WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
Source: CNBC - 🏆 12. / 72 Read more »