U.S. stock futures traded mixed ahead of the last opening bell of the year on Wall Street.
All three futures indices trade with very little movement. The Dow and S&P 500 are down 0.1%.
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This will be a full trading day on the last day of 2020.
Traders get a final economic report to end the year in the form of initial jobless claims for last week. Look for an increase from 30,000 to 833,000. Continuous claims, which follow the total number of unemployed workers claiming benefits, are expected to rise slightly to 5.39 million. This is higher than the previous week’s reading of 5.338 million, which was the lowest since March 21.
In Europe, the London FTSE fell by 1.4% and the French CAC by 0.4%. German markets are closed.
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In Asia, Hang Seng rose 0.3% in Hong Kong. China’s Shanghai composition rose 1.7%. The trade was closed in Tokyo.
The Tokyo Stock Exchange was the end of trading for the year on Wednesday, with the Nikkei down 0.5% and trading only reopening next Monday. Global markets will be closed on New Year’s Day.
|Ek: DJI||DOW JONES AVERAGE||30409.56||+73.89||+ 0.24%|
|SP500||S&P 500||3732.04||+5.00||+ 0.13%|
|I: COMP||NASDAQ COMPOSITION INDEX||12870.001613||+19.78||+ 0.15%|
On Wall Street, equities posted moderate gains on Wednesday, keeping Wall Street’s major stock indices up.
Energy and materials companies made the profit. Industrial and financial stocks also performed strongly. Small business stocks once again outperformed their larger competitors, 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 scored 73.89 points, or 0.2%, to 30,409.56. The Nasdaq composite scored 19.78 points, or 0.2%, to 12,870.
Before the last day of trading in 2020, the S&P 500 will rise by 15.5% this year, while the Nasdaq will rise by 43.4%.
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In the energy trade, standard US crude fell 18 cents to $ 48.22 a barrel.
The Associated Press contributed to this report.