S&P 500 futures rise slightly in the final trading days of 2022

European markets retreated on Thursday as caution returned to global stocks, with investors assessing a number of likely headwinds in 2023.

The pan-European Stoxx 600 index was down 0.5% in early trade, with food and beverage stocks shedding 1% to lead losses as almost all sectors and major bourses slid into the red.

The European blue chip index began Thursday’s session down more than 12% for the year.

– Elliot Smith

It’s been a tumultuous year for electric vehicle stocks, and two investor favorites, Tesla and Rivian, have been no exception.

What will the year ahead look like for both stocks? CNBC Pro spoke to analysts and trawled through Wall Street research to find out.

CNBC Pro subscribers can read more here.

— Weizhen Tan

It’s been a bad year for tech companies, and many investors have been wondering when tech stocks will rebound.

Tech fund manager Jeremy Gleeson of AXA Investment Managers told CNBC Pro Talks last week that he still believes in the sector.

He explains why and names the stocks to buy.

CNBC Pro subscribers can read more here.

— Weizhen Tan

The 11 sectors of the S&P 500 suffered during regular trading on Wednesday, dragged by energy companies.

Notable decliners in the energy sector include EQT, which slumped 7.8%, and APA, which fell about 5.2%. The losses came alongside falling prices for West Texas Intermediate and Brent crude, as well as natural gas.

The eleven sectors are limping along as the week begins to wind down. They are all down for the week, dragged by communication services, which is off by nearly 2.7%. All sectors are also negative for December, with consumer discretionary leading the categories to the downside and off by about 13.3%

Energy is shining for the fourth quarter and the year, however. It’s up 19.6% for the final three months of the year, and up about 56.4% for 2022.

–Darla Mercado, Chris Hayes

What does inflation looks like these days?

Consumers are paying roughly twice as much for a dozen eggs than they were a year ago, driven in part by greater demand for specialty eggs, according to the latest results from Cal-Maine Foods, the nation’s largest egg producer.

The average selling price for each dozen of eggs hit $2.71 in the quarter ended November 2022, up from $1.37 the same quarter the previous year. That increase has outpaced a rise in feed costs, which have been surging in recent years.

Supply and demand are propelling the surge in prices.

While bird flu has hurt industry supplies, Cal-Maine has continued to see enormous demand — notably in premium specialty eggs. Conventional egg volumes were actually 2% lower in the quarter, while specialty eggs saw a 24% surge in volumes.

There are a couple of reasons for this. Conventional egg prices have been increasing so much that they’ve been exceeding prices for specialty eggs….