On Tuesday, November 22nd, the market waited for several members of this year's FOMC voting committee, including Kansas City Fed Chairman Esther George and St. Louis Fed Chairman Brad, to speak today, as well as the minutes of the Fed's November meeting released on Wednesday to speculate on the outlook for the interest rate path.

Us stocks collectively opened higher, and the Dow rose more than 100 points at the start of trading, expanding to more than 210 points in a few minutes. The Nasdaq, which is dominated by technology stocks and sensitive to interest rate policy, quickly turned down, and yesterday it fell more than 1% to lead the US stock index lower.

Trading volume in U. S. stocks was low on the eve of the Thanksgiving holiday. Trading volume of stocks listed on the New York Stock Exchange and the Nasdaq Stock Exchange on Monday was lower than on any day since Aug. 29 and the sixth lowest this year, according to data.

Mike Wilson, chief US equity strategist at Morgan Stanley, saidThe S & P 500 will hit bottom early next year, which will provide an excellent "bottom" opportunity for US equity investors.

He wrote in a new report, "Sometime in the first quarter of next year, the US stock market will hit a new low, which will be an excellent buying opportunity. Then by the end of next year, we will see earnings growth accelerate again. "

Nevertheless, investors still have a lot to consider. Traders are also grappling with uncertainty about the outlook for US interest rates. Fed interest rates continued to climb, reaching nearly 4% in November.

Later on Tuesday, investors will follow the speeches of Cleveland Federal Reserve Bank President Mestre and St. Louis Federal Reserve Bank President Brad for clues to how fast and high interest rates will rise. Analysts generally expect the Fed to slow its rate hike to 0.5 percentage points at its December meeting, down from 25 basis points in a row.

The yield on the 10-year Treasury note fell slightly to 3.788% from 3.825% on Monday. As a result, yields are expected to break three consecutive days of gains. On the currency side, the dollar index fell 0.3%.

In Europe, the pan-European Stoxx 600 index rose 0.6%. Oil and gas stocks rose 4.5 per cent after Saudi Arabia denied reports that OPEC + might increase oil production.

Investors continue to keep a close eye on economic data and assess how it will affect the monetary policy trajectory of central banks. The Organization for Economic Cooperation and Development said Tuesday that Europe will bear the brunt of the global economic slowdown because of soaring energy prices and reduced business activity due to the conflict between Russia and Ukraine.

Global investors have gained some confidence from recent lower-than-expected consumer and wholesale inflation data in the US, prompting bets that the Fed will have to slow the pace of big rate rises.