Global overnight news you need to know on Saturday:

1. U.S. stocks opened lower but rose, with the Dow Jones up 1.18%, down 2.25% for the week, marking a three-week consecutive decline; the Nasdaq rose 1.09%, down 1.78% for the week, declining for two weeks; the S&P 500 index rose 1.03%, down 1.99% for the week. Among them, the Dow recorded its largest weekly decline since late October, while the S&P 500 index and Nasdaq both recorded their largest weekly declines in a month. Major European stock indices collectively closed lower, with the German DAX30 index down 0.54%.

2. U.S. House Speaker Mike Johnson stated that House Republicans have reached a consensus on advancing the appropriations bill.

3. Federal Reserve's Goolsbee stated that the current policy interest rate is restrictive, and the Fed's rates may decline within 12-18 months.

4. The German President will announce on December 27 whether to dissolve the Bundestag.

5. International crude oil futures settlement price slightly rose, down about 2% for the week. NYMEX natural gas futures rose more than 14% for the week.

6. Ukrainian Prime Minister Shmyhal stated that Ukraine plans to stop transporting Russian gas to Europe through its gas transportation system starting from 7 AM on January 1, 2025.

7. On Friday, the usage of the Federal Reserve's overnight reverse repurchase agreements (RRP) was $98.356 billion, the first time since April 2021 that it fell below $100 billion.

8. According to the Financial Times, Trump plans to continue providing military assistance to Ukraine.

9. Iraqi officials stated they plan to suspend heavy oil supplies to Syria starting this month.

10. Canadian Prime Minister Trudeau will reshuffle the cabinet on December 20, with the swearing-in ceremony taking place at the Governor General's residence.

11. On December 20, the Volkswagen Group of Germany reached an agreement with union representatives, preventing factory closures and layoffs due to operational reasons. The Volkswagen Group also stated that it hopes to cut more than 35,000 jobs by 2030.

12. Samsung has finally signed a funding agreement with the U.S. government for the CHIPS Act, securing up to $4.745 billion. Samsung's attempts to build a factory in Texas have gained support.