The Dow industrials rose 0.4% to a high of 37248.35, while the S&P 500 and Nasdaq advanced 0.3% and 0.2%, respectively. https://ift.tt/FjKzXJ3

The ECB and the Bank of England held interest rates steady as rich countries’ central banksbegin to reposition themselvesfor a world in which inflation is under control. https://ift.tt/E6fM7vI

Nelson Peltzsaid he plans to nominate himself andformer Walt Disney CFO Jay RasulotoDisney’s board, weeks after the company rebuffed Peltz’s request to become a director. https://ift.tt/XRHAmBN

Investors’ growing confidence that interest rates have peaked drove the Dow industrials to a record for the second-straight day, intensifying a debate about whether the rally stands to complicate the Federal Reserve’s fight against inflation. https://ift.tt/PVUquCg

Cruise laid off nearly a quarter of its workforce after a series ofsafety mishapsand permit suspensions at the self-driving-car business owned by GM. https://ift.tt/iM2wIju

A surprise increase in November retail sales dispelled lingering pessimism about the economy and reinforced growing sentiment that the U.S. will beat inflation without paying the price in significantly weaker growth. https://ift.tt/TslytWc

European Union Agrees to Start Membership Talks With Ukraine https://ift.tt/Al9voIQ

China’s Central Bank Keeps Key Policy Rates Unchanged https://ift.tt/BErG4hd

China’s New Home Prices Fell in November Amid Continued Weakness https://ift.tt/TmdqSRz

China Economic Data Shows Some Renewed Signs of Weakness https://ift.tt/3Y2adQP