
Global news you need to know before the U.S. stock market opens on Tuesday
In December, the U.S. CPI rose 2.7% year-on-year, with the core CPI increase remaining at 2.6%, the lowest level in four years.
"Fully supporting" Powell! Central banks from multiple countries issued a joint statement, with the central bank governor stating that he "embodies the highest level of public service."
High City Saimai may call for early elections, with Japanese stocks hitting new highs and both bonds and currencies suffering losses.
Geopolitical risks are escalating, causing oil prices to soar to $65 per barrel.
JP Morgan's Q4 revenue increased by 7% year-on-year, with stock trading income surging 40% year-on-year, while investment banking fees dragged net profit down by 7%.
AI data centers have overwhelmed the largest power grid in the U.S., potentially causing rolling blackouts for 67 million people across 13 states.
Meta has launched a layoff plan for its Reality Labs division, with over a thousand positions to be cut.
Morgan Stanley has delayed its expectation for the first interest rate cut this year, stating that the Federal Reserve's focus has shifted from employment to inflation.
The Nikkei 225 index closed up 3.10%, while the Shanghai Composite Index closed down 0.64%; the Hang Seng Index closed up 0.9%

