Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, November 10, 2022.
Brendan McDermid | Reuters
Here are the most important news items that investors need to start their trading day:
1. Bounce back?
Wall Street is looking for a rebound after Monday’s rout, which came as investors watched protests in China against the government’s harsh anti-Covid measures. China’s economy is already prone to fits and starts due to President Xi Jinping’s “zero Covid” policy, which relies heavily on mass quarantines, and mass unrest would create a new level of uncertainty for the nation of 1.4 billion people, as well as global markets. This week, investors are also preparing to digest a new wave of earnings reports (Hewlett Packard Enterprise reports after the bell Tuesday) and the November jobs report, which lands Friday. Read live markets updates here.
