10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, GS)
Here is what you need to know.
- China pledges to bolster its economy. Chinese Premier Li Kiqiang said in a statement out Tuesday that Beijing could roll out more stimulus to provide support for the economy, Reuters reports.
- The UK government is headed for an epic Brexit defeat. Theresa May’s government could lose Tuesday night’s Brexit vote by a majority of more than 200 votes, which would make it the biggest defeat ever.
- There’s conclusive proof that Europe is in an economic slump. Eurostat data released Monday shows industrial production throughout the eurozone fell 1.7% between October and November