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Home / Business / Stock futures point to a green Christmas, though it was partially closed

Stock futures point to a green Christmas, though it was partially closed



Stock futures begin a shortened trading week and point to some relief from recent sell-offs.

Dow Jones futures rose 0.5 percent. The S & P 500 rose 0.7 percent and the Nasdaq Composite gained 0.9 percent.

The Congress missed a Friday deadline of midnight to get approval of a spending bill, which led to a partial government shutdown.

There is no vote to come to a standstill after Christmas

US Stock trading ends at 13:00 Eastern time.

In Asian market trading on Monday, China's Shanghai Composite ended up 0.4 percent.

The Hang Seng Index in Hong Kong fell 0.4 percent.

And the Japanese Nikkei was down 1

.11 percent.

In European trading, the London FTSE was down 0.3% and the French CAC 0.9%. Germany's markets were closed on Christmas Eve.

Ticker Security Last Change % Chg
I: DJI DOW JONES AVERAGES 22445.37 -1.81%
SP500 S & P 500 2416.601 -50.80 -2.06%
I: COMP 195.41 -2.99%

US stocks ended a troubled session on Friday the Nasdaq composite in the bear market area.

The technically strong index lost 3 percent or more than 195 points, the Dow Jones Industrials fell over 414 points or nearly 2 percent. While the S & P fell 2 percent, the week ended the third session. Investors became increasingly worried about a partial government stalemate, continuing trade with China, and growing fears that the US could fall into recession in 2019.

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Faced with the sale, investors achieved decent economic data. Third-quarter gross domestic product (GDP) was 3.4 percent in a third update released Friday, in line with analysts' expectations. While this has fallen slightly from the first reading by 3.5 percent, according to the Ministry of Commerce.


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