Stock Market Today: Dow Jones, Nasdaq Futures Slip On Christmas Eve Despite Strong Q3 GDP Report— UiPath, AST SpaceMobile, Ramaco In Focus (UPDATED)
Neutral
5.9
(Editor’s note: The future prices of benchmark tracking ETFs and headline were updated in the story.)
U.S. stock futures slipped on Wednesday after Tuesday’s higher close. Futures of major benchmark indices fell.
The equity markets will be closing at 1:00 p.m. and bond markets at 2:00 p.m. ET on the occasion of Christmas Eve, whereas it will be shut for the entire day on Thursday.
On Tuesday, the S&P 500 index ended at a new closing record after the Gross Domestic Product (GDP) expanded at a 4.3% annualized pace in the third quarter, surpassing estimates near 3.3% and marking the fastest growth rate in two years.
Meanwhile, the 10-year Treasury bond yielded 4.16%, and the two-year bond was at 3.53%. The CME Group's FedWatch tool‘s projections show markets pricing an 86.7% likelihood of t
U.S. stock futures slipped on Wednesday after Tuesday’s higher close. Futures of major benchmark indices fell.
The equity markets will be closing at 1:00 p.m. and bond markets at 2:00 p.m. ET on the occasion of Christmas Eve, whereas it will be shut for the entire day on Thursday.
On Tuesday, the S&P 500 index ended at a new closing record after the Gross Domestic Product (GDP) expanded at a 4.3% annualized pace in the third quarter, surpassing estimates near 3.3% and marking the fastest growth rate in two years.
Meanwhile, the 10-year Treasury bond yielded 4.16%, and the two-year bond was at 3.53%. The CME Group's FedWatch tool‘s projections show markets pricing an 86.7% likelihood of t
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
