Market Update: Santa Claus Rally, American Airlines Grounding, and Nippon Steel Bid

Reported 1 day ago

On Christmas Eve, US stock futures show mixed signals as investors hope for a Santa Claus rally before the year ends. American Airlines has resumed flights after grounding them due to a technical issue, as holiday travel picks up. Meanwhile, President Biden is expected to announce his decision on Japanese-owned Nippon Steel's $15 billion bid for US Steel, with advocates urging approval.

Source: YAHOO

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