Market news: Iran shipped missiles worth $2.7 billion to Russia.

The German DAX30 index closed up 168.97 points, or 0.67%, at 25426.64 points on January 12 (Monday);The British FTSE 100 index closed up 1 on January 12 (Monday) 3.71 points, an increase of 0.14%, to 10138.31 points;The FCHI index closed down 3.33 points, or 0.04%, to 8358.76 points on January 12 (Monday); The European Stoxx 50 Index closed up 19.18 points, or 0.32%, at 6016.65 points on January 12 (Monday);The Spanish IBEX35 Index closed up 1 on January 12 (Monday) 1.11 points, or 0.06%, to 17660.11 points;Italy’s FTSE MIB index closed up 0.24 points, or 0.00%, to 45719.50 points on January 12 (Monday).

Sources familiar with the matter: Russian drones struck two foreign-flagged ships near the Ukrainian port of Chernomorsk on Monday.

Cramer, a Republican member of the U.S. Senate Banking Committee: Powell is not a criminal and the investigation into the Federal Reserve should be ended as soon as possible to "restore confidence in the Federal Reserve."

Novo Nordisk (NVO.N) CEO: I agree that drug prices in the United States are too high and European drug prices are too low, but European governments hold different views.

U.S. Senator Murkowski: After speaking with Chairman Powell this morning, it is clear that this government investigation is nothing more than an attempt at political coercion.