SQUAWK BOX, FRIDAY 30TH DECEMBER, 2022

U.S. markets end 2023 in the green with the S&P500 recording its best day all month and the Nasdaq claws back some of December’s losses. However, Wall Street as a whole is still on track to mark its most torrid year since the Great Financial Crisis. In China stocks are up despite the country suffering a huge Covid exit wave with several nations imposing travel restrictions on Chinese nationals. Oil prices end 2023 on a high after a bumper year for IOCs. Investors are now eyeing China’s reopening and Europe’s energy crunch in the new year. Russia continues to pound Kyiv with missiles following its largest aerial assault since the start of the war. U.S. President Biden has pledged more support for Ukrainian forces in his 2023 spending bill.