
Latest Business News
US Stock Futures Climb Ahead of Holiday-Shortened Week
US stock futures strengthened Sunday night, signaling positive momentum into the Christmas-shortened trading week. Nasdaq 100 futures gained 0.34%, Dow Jones 0.15%, and S&P 500 0.21%. Markets closed higher last Friday with a late tech rally boosting the S&P 500 by 0.1% and Nasdaq by 0.5%.
Tech Sector Leads Market Recovery Post-Volatility
The tech and AI sectors are driving the rebound after last week's volatility, with investors shifting focus back to growth stocks. Oracle shares surged following a deal to manage TikTok's US operations via a joint venture. NVIDIA rebounded on potential export permits for AI chips to China, per TipRanks data.
NYSE Adjusts Hours for Christmas Holiday Schedule
The New York Stock Exchange will close early at 1 PM local time on Wednesday and fully on Thursday for Christmas Day. This holiday-shortened week prompts strategic adjustments for traders. Special operating hours aim to accommodate celebrations while maintaining market activity.