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Here are the most important news items that investors need to start their trading day:
1. Second day of gains?
Traders work on the floor of the New York Stock Exchange during morning trading on January 04, 2023 in New York City.
Michael M. Santiago | Getty Images
2. McCarthy sets an agenda
Representative Kevin McCarthy, a Republican from California, stands under a Speaker of the House sign outside his office after becoming House speaker following a meeting of the 118th Congress at the US Capitol in Washington, DC, US, Saturday, Jan. 7, 2023.
Al Drago | Bloomberg | Getty Images
The House finally has a speaker. Kevin McCarthy secured enough support to win a 15th vote in the early hours of Saturday morning, and he wasted no time in setting out an agenda for his time leading the chamber. McCarthy promised to pursue conservative, America-first initiatives, including cutting funding to the IRS and tackling what he called “America-last” energy policies. He also plans to tackle issues such as debt, immigration and U.S. relations with China.
3. Brazil turmoil
BRASILIA, BRAZIL – JANUARY 08: Supporters of former President Jair Bolsonaro clash with security forces as they raid the National Congress in Brasilia, Brazil, 08 January 2023. Groups shouting slogans demanding intervention from the army broke through the police barrier and entered the Congress building, according to local media. Police intervened with tear gas to disperse pro-Bolsonaro protesters. Some demonstrators were seen climbing onto the roofs of the House of Representatives and Senate buildings. (Photo by Joedson Alves/Anadolu Agency via Getty Images)
Anadolu Agency | Anadolu Agency | Getty Images
4. Elite masses
The Sky Lounge during a tour of Delta Air Lines Terminal C at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Wednesday, June 1, 2022.
Stephanie Keith | Bloomberg | Getty Images
5. Deja vu-ez
The Suez Canal in Ismailia, Egypt, on Thursday, March 25, 2021.
Islam Safwat | Bloomberg | Getty Images
— CNBC’s Samantha Subin, Ashley Capoot, Sam Meredith, Elliott Smith, Leslie Josephs, Ruxandra Iordache and Natasha Turak contributed to this report.
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