Dow Jones futures drop 100 points in holiday-thinned trade
How are stock-index futures trading:
Dow Jones Industrial Average futures fell 138 points, or 0.3%, to 43,507
S&P 500 futures fell 24.75 points, or 0.4%, to 6,073
Nasdaq 100 futures fell 107.25 points, or 0.5%, to 21,920
On Tuesday, the Dow Jones Industrial Average climbed 390.08 points, or 0.9%, to 43,297, the S&P 500 increased 65.97 points, or 1.1%, to 6,040.04 and the Nasdaq Composite gained 266 points, or 1.3%, to 20,031.
Stock index futures were slipping early Thursday, as investors returned from Wednesday’s Christmas holiday and the start of Hanukkah, with just a handful of sessions left in 2024.
But the bullish sentiment that was hanging around ahead of Wednesday’s shortened session appeared in short supply, putting a crimp on the so-called Santa rally that looked to be underway on Tuesday.
Investors will be waiting for weekly U.S. jobless claims data, which are due at 8:30 a.m. Eastern. European markets remained shuttered for the holidays, though Asia saw some standout gains, with a 1.1% rise for the Nikkei 225 index.
The yield on the 10-year Treasury note rose 3 basis points to 4.610%.