US futures seen softer in holiday-thin buying and selling

S&P 500 futures are down zero.four% with Nasdaq futures down zero.5% and Dow futures down zero.four% as nicely. Buying and selling circumstances are mired by skinny liquidity as we’re nonetheless within the vacation interval for markets. Europe is out for the day and so will Canada, leaving solely US markets to open later. However throughout a interval like this, do not anticipate market gamers to do a lot in any case. Not till the brand new 12 months at the very least.

Developing although, we do have the weekly preliminary jobless claims. So, that may add to some intrigue on Christmas week. The S&P 500 itself has largely erased its post-Fed drop and that is vindicating dip patrons going into the flip of the 12 months. Here is a have a look at the chart:

This text was written by Justin Low at www.ubaidahsan.com.



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