A look at the day ahead in U.S. and global markets from Mike Dolan.
for its semiconductor industry, sources told Reuters, in a big step towards self sufficiency in chips and to counter U.S. moves.
China stocks fell on Tuesday, as optimism over easing COVID-19 restrictions started to fade amid signs of a spike in infections in major cities including Beijing. Hong Kong announced that from Wednesday international passengers arriving in the territory would no longer face COVID-19 movement controls or be barred from certain venues.
But regular pay rose by a stronger-than-expected 6.1% in the August-to-October period, the biggest gain since records began in 2001, excluding jumps during the pandemic which were distorted by lockdowns and government support measures.* U.S. Nov consumer price inflation report. Cleveland Fed issues Median CPI for Nov, NFIB U.S. small business survey
* U.S. Federal Reserve's Federal Open Market Committee starts 2-day meeting, policy decision on Wednesday* France hosts international conference to address Ukraine's urgent winter needs in war with RussiaGlobal equities, bond and money market funds' total assetsOur Standards: Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
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