U.S. stock futures point to a Christmas Eve bounce for battered equities
Monday, 24 December 2018 15:38 WIB |
MARKET UPDATE |Indeks saham berjangka A.S.Indeks berjangka Standard & Poor’s 500Kontrak Dow Jones Industrial Average
U.S. stock futures rose Monday, indicating markets could bounce in a holiday-shortened session after the worst week of trading since the financial crisis of 2008.
Dow Jones Industrial Average futures rose 125 points, or 0.6%, to 22,533, while S&P 500 futures gained 15 points, or 0.6%, to 2,429.25. Nasdaq-100 futures rose 38.75 points, or 0.6%, to 6,102.
On Friday, the Dow Jones Industrial Averages fell 414.23 points, or 1.8%, to 22,445.37, while the S&P 500 index fell 50.84 points, or 2.1%, to 2,416.58. The Nasdaq Composite Index traded down 195.41 points, or 3%, to 6,332.99.
Equity and bond markets will finish early to mark Christmas Eve and will be closed on Tuesday for the Christmas holiday. The rest of the week will see normal trading hours. However, with many traders out for the holidays, volumes are expected to be thinner and move could be exaggerated.