US Session (12/30/2021)

Stocks in the United States slumped in thin trading a day after setting another all-time high in the last days of the year. Treasuries rose a smidgeon.

The S&P 500 fell to session lows in the last minutes of trading on Thursday, a day after setting a new high with its 70th record close of the year. The dow jones industrial average and the tech-heavy NASDAQ 100 both fell.

Cruise company stocks, including Carnival and Royal Caribbean Cruises, fell but remained off session lows after the Centers for Disease Control and Prevention warned that cruise ships should be avoided even if passengers are vaccinated due to the danger of COVID-19.

The 10-year Treasury yield fell below its 50-day moving average once more, with long-end rates falling the most. A dollar index showed minimal movement.

An illustration of the continued strength of labor demand despite the newest coronavirus outbreak, figures released on Thursday indicated that unemployment claims decreased unexpectedly last week while continuing claims fell to their lowest level since March of last year. A gauge of Chicago business activity climbed more than experts projected in December.

On Wednesday, the number of COVID-19 cases increased by 32% to a record 1.73 million, marking the third day in a row with more than a million new infections worldwide. Nonetheless, as viral mortality in the United States have decreased, more evidence is accumulating that omicron may be less hazardous, particularly among vaccinated people

As the year comes to a close, investors are weighing the consequences of the rapidly spreading omicron coronavirus variety, increased inflation caused by supply bottlenecks, and the elimination of stimulus measures, such as monetary policy tightening by the Federal Reserve.

5 states account for 43% of the country's new COVID-19 cases in the past  week - WISH-TV | Indianapolis News | Indiana Weather | Indiana Traffic

Asia Session (12/30/2021)

Asian stocks received a boost on Friday from a rally in a Hong Kong index of technology firms, which followed a surge in Chinese equities listed in the US.

US futures fell after Wall Street fell from a high in thin year-end trading.

The Hang Seng Tech Index increased by about 4%, and China saw gains. Those moves followed the Nasdaq golden dragon china index's biggest one-day gain since 2008 on Thursday, though it remains down more than 40% for 2021.

According to the most recent data, China's manufacturing sector expanded in December, providing some relief to Beijing as the world's second-largest economy struggles with a property market slump.

Hong Kong's stock exchange closes early, and Japan is among a number of countries that close before the new year.

Treasury futures were unchanged after yields fell in US hours. Due to the Japan holiday, there is no cash treasury trading in Asia. The dollar fluctuated, and crude oil fell. Bitcoin maintained its December losses.


Europe Session (12/30/2021)

US equity-index futures remained stable in the aftermath of another Wall Street all-time high on thin volumes in the final days of the year. Treasury yields trimmed an advance.

The 10-Yr Treasury yield pared its gains to return to its 50-day moving average. Following Wednesday's worldwide sovereign-bond retreat, European bonds edged higher. A dollar index climbed. Iron ore reversed a three-day slide and emerged above $120 per ton, possibly due to restocking by China's steel mills. Crude oil fell in price.

As the year comes to a conclusion, investors are considering the consequences of the rapidly spreading omicron coronavirus variety, reduced stimulus, and increased inflation caused by supply-chain constraints. The important uncertainties are whether government yields will rise further and how much momentum remains in the equity bull run.

Iran: We made substantial progress on sanctions during nuclear talks - Tasnim citing lead negotiator Bagheri.

Chairman of China Securities Regulator: We will prevent large ups and downs in the securities market - State Media.

ECB's Holzmann: In 2022, the ECB should begin abandoning negative rates.

Spain's annual inflation rate in 2021 at 6.7%, is the highest since 1989, according to an INe flash forecast.

Binance is to fund €100 million to a French fintech effort, according to CNBC.

ECB's Visco: The ECB won't end tapering before 2023 and will continue to provide highly favorable financing conditions to the economy.