Reported 5 days ago
U.S. stock index futures weakened on Monday amid low trading volumes, as high Treasury yields raised concerns about the typically strong end-of-year performance for equities. Dow E-minis fell by 78 points, while S&P 500 and Nasdaq 100 E-minis also recorded losses. Historically, the last days of December show positive trends, but this year, the outlook is clouded by expectations of higher interest rates and ongoing inflation concerns. Investors are particularly cautious following comments from the Federal Reserve regarding interest rate cuts, with focus shifting to upcoming economic surveys and reports.
Source: YAHOO