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Stock futures trade higher ahead of final trading day of year


U.S. equity futures have turned higher ahead of the final opening bell of the year on #Wall #Street.

#All three futures indexes suggest a gain of 0.1% when trading begins.

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#It will be a full trading day on the final day of 2020.

#Traders will get one last economic report to end the year in the form of initial jobless claims for last week. #Watch for an increase of 30,000 to 833,000. #Continuing claims, which track the total number of unemployed workers collecting benefits, are anticipated to rise slightly to 5.39 million. #That’s up from the previous week’s reading of 5.338 million, which was the lowest since #March 21.

#In #Europe, #London’s FTSE was down 1.1% and #France’s CAC declined 0.1%. #German markets were closed.

GOLD, OIL SET TO POWER 2021 BOOM IN RAW MATERIALS

#In #Asia, #Hong #Kong’s #Hang #Seng gained 0.3%. #China’s #Shanghai #Composite gained 1.7%. #Trading was closed in #Tokyo.

The #Tokyo exchange marked the end of trading for the year #Wednesday, with the #Nikkei falling 0.5%, and trading will not reopen until #Monday next week. #Global markets will be closed #New #Year’s #Day.

#Ticker #Security #Last #Change #Change %
I: DJI DOW JONES AVERAGES 30409.56 +73.89 +0.24%
SP500 S&P 500 3732.04 +5.00 +0.13%
I:COMP NASDAQ COMPOSITE INDEX 12870.001613 +19.78 +0.15%
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#On #Wall #Street, stocks eked out modest gains #Wednesday, keeping the major stock indexes on #Wall #Street at or near record highs.

#Energy and materials companies led the gains. #Industrial and financial stocks also had a strong showing. #Small-company stocks again outpaced their larger rivals, a sign that investors are feeling more optimistic about the economy.

The S&P 500 index rose 5 points, or 0.1% to 3,732.04. The #Dow gained 73.89 points, or 0.2%, to 30,409.56. The #Nasdaq composite picked up 19.78 points, or 0.2%, to 12,870.

#Ahead of the final day of trading in 2020, the S&P 500 is up 15.5% this year, while the #Nasdaq is up 43.4%.

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#In energy trading, benchmark U.S. crude slipped 32 cents to $48.08 a barrel.

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The #Associated #Press contributed to this report.



[ source link ]
https://www.foxbusiness.com/markets/stock-futures-trade-mixed-ahead-of-final-trading-day-of-year

##Stock #futures #trade #higher #ahead #final #trading #day #year

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