Reply To: Traders Market Weekly: Hello There 2022


US equity futures are trading higher following gains yesterday on the first trading day of 2022. Additional companies will report auto sales today following Tesla’s (TSLA) strong Q4 numbers over the weekend. Omicron cases continue to rise across the U.S. as health officials predict that certain areas of the country will reach a peak later this month. Several businesses and schools are being impacted by staffing issues related to Omicron infections.

Asia markets were mixed. The December Caixin Manufacturing PMI for China was 50.9 vs. 49.9 prior. China’s Yuzhou, which has a population of 1.3 million, was put on a partial lockdown due to coronavirus.

In Europe, markets are mostly higher.