Listed below are an important information, developments and evaluation that buyers want to start out their buying and selling day:
1. First buying and selling day of 2022 appears to be like to choose up the place final 12 months left off
A dealer on the ground of the New York Inventory Change, Dec. 31, 2021.
Dow futures rose more than 150 points, or roughly 0.5%, on Monday, the first trading day of the new year. Futures tied to the S&P 500 and the Nasdaq pointed to even stronger moves higher at the open even as Covid cases surged above year-ago pandemic highs. Shares of Tesla jumped 7.5% in the premarket after 2021 vehicle deliveries beat estimates. Tesla rose nearly 50% last year. That’s nearly double the S&P 500’s almost 27% increase in 2021, the index’s third straight positive year. The Dow Jones Industrial Average and Nasdaq also logged three-year winning streaks, jumping 18.7% and around 21.4% for the year, respectively.
2. Week ahead features Fed minutes, three reports on the job market
The Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Sunday, Dec. 19, 2021.
Samuel Corum | Bloomberg | Getty Images
With Monday’s opening bell on Wall Street, the clock starts ticking on a quarter that could see the first Federal Reserve interest rate hike since 2018. The Fed on Wednesday will release minutes from its December meeting, at which central bankers announced they would accelerate their tapering of Covid-era bond purchases. ADP’s December report on hiring at U.S. companies is also out Wednesday, ahead of Thursday’s weekly initial jobless claims data and Friday’s government employment report for last month.
3. Tesla shares jump after fourth-quarter deliveries set a record
A Tesla Model 3 plugged in and charging at a Supercharger rapid battery charging station for electric vehicles in Bersteland, Germany, on March 02, 2021.
Thomas Koehler | Photothek | Getty Images
Tesla said Sunday it delivered 308,600 electric vehicles in the fourth quarter and 936,172 for all of 2021, both handily beating estimates. Full-year deliveries increased 87% compared with 2020 when the EV maker reported its first annual profit on deliveries of 499,647. Analysts had expected Tesla’s deliveries in Q4 of 2021 to be 267,000, with 897,000 for the full year. In the year ahead, the company is expected to start production of the Model Y crossover at its new factory in Austin, Texas. It also aims in 2022 to open another factory in Brandenburg, Germany.
Dr. Anthony Fauci speaks about the Omicron coronavirus variant during a press briefing at the White House in Washington, December 1, 2021.
Kevin Lamarque | Reuters
Dr. Anthony Fauci said the Facilities for Illness Management and Prevention is taking a look at together with a adverse check as a part of its five-day isolation steerage for Individuals contaminated with Covid however who present no signs. “I believe we will be listening to extra about that within the subsequent day or so from the CDC,” the highest White Home medical advisor stated Sunday. The CDC has been getting important pushback on final week’s up to date suggestions, which minimize the isolation time from 10 days to 5. The Meals and Drug Administration final week stated preliminary analysis signifies at-home speedy checks detect the omicron variant, however might have decreased sensitivity.
5. Airways cancel extra U.S. flights as vacation journey woes proceed
Vacationers make their method by means of Miami Worldwide Airport on December 28, 2021 in Miami, Florida.
Joe Raedle | Getty Pictures
Airways scrapped greater than 1,700 flights Monday, adding to the mass cancellations over the holidays. From Christmas Eve through New Year’s Day, airlines canceled more than 13,000 flights, or 5.6% of their schedules, according to flight-tracking site FlightAware. Airlines blamed the disruptions on a combination of bad weather and omicron infections that sidelined staff. The travel chaos came during what airlines expected to be among the busiest days since the pandemic began. Last year, the Transportation Security Administration screened nearly 580 million people, up 79% from 2020. However, that’s still off about 30% from 2019, before Covid.
— The Associated Press contributed to this report. Follow all the market action like a pro on CNBC Pro. Get the latest on the pandemic with CNBC’s coronavirus coverage.