Stock futures inch higher as the market heads into holiday-shortened week: Live updates

Published On Dec 22, 2024, 6:02 PM

Stock futures are slightly up as the market approaches a holiday-shortened week. The Dow Jones Industrial Average futures gained about 100 points, with the S&P 500 and Nasdaq futures also seeing boosts. Traders anticipate a potential Santa Claus rally, especially given historical trends indicating positive stock performance during this time. Despite recent volatility, the overall market uptrends remain intact, and December is typically a strong month for equities, particularly in presidential election years. A government funding bill has been signed to avoid a shutdown, which adds some stability to the political landscape.