Business
Stock Futures Fall With Santa Claus Rally in Jeopardy
SOURCE:Yahoo Finance
13 hours ago
Stock Futures Fall With Santa Claus Rally in Jeopardy
U.S. stock futures were set to start the week in the red, putting the so-called Santa Claus rally at risk. Silver prices were volatile, hitting new highs before giving back some gains.
Dow Jones Industrial Average futures were down 27 points, or 0.1%. S&P 500 futures were falling 0.2% and Nasdaq 100 futures were losing 0.4%. The S&P 500 is up 0.2% since the Santa Claus rally period — which includes the final five trading sessions of the year and the first two of the new year — began Wednesday.
The yield on the benchmark 10-year Treasury note edged lower to 4.115% early on Monday.