Futures Climb With Stocks on China Recovery Bets

3 January 2023

Wall Street was poised for gains on the first trading session of 2023 as contracts on all three major U.S. gauges gained. Tesla Inc. dropped 2.6% in premarket trading after fourth-quarter deliveries missed estimates. The Stoxx Europe 600 Index climbed, with a surprise drop in German unemployment signaling resilience in the region’s biggest economy.

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