Wednesday, December 11, 2024
HomeTrading RoomIn Anticipation of a Shortened Trading Week, Stock Futures Jump on Sunday

In Anticipation of a Shortened Trading Week, Stock Futures Jump on Sunday

On Sunday evening, U.S. stock futures surged as Wall Street began a shortened Thanksgiving trading week. Markets close early on Friday and are closed on Thursday for Thanksgiving.

Future prices for the Dow Jones Industrial Average increased 221 points, or 0.5%. S&P 500 and Nasdaq-100 futures both saw 0.4% gains.

Following a successful week, the postelection rally has resumed its upward trajectory for the major averages.

The 30-stock Dow closed at a record close after gaining about 2% last week. Both the Nasdaq Composite and the broad market index increased by roughly 1.7% in the meantime. During the week, the small-cap Russell 2000 saw a 4.5% increase.

Source (CNBC)

SourceCNBC
- Advertisment -

Most Popular

Recent Comments