S&P 500 — US Large Cap Index
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Euro Stoxx 50 — Eurozone Leaders
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CAC 40 — French Market Index
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Hang Seng — Hong Kong Index
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ASX 200 — Australian Market
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STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketUS stock futures advanced on Monday ahead of a shortened holiday week, after the major indexes sharply gained in the previous session, as technology stocks outperformed, offsetting tumbling consumer stocks. In Friday’s regular trading, the S&P 500 rose 0.88%, the Nasdaq Composite gained 1.31%, and the Dow climbed 0.38%, with megacaps extending gains from Thursday amid re-ignited optimism around AI-related shares. The market is now waiting to see if tech stocks can maintain their momentum heading into the end of the year, and there is speculation about a potential “Santa Claus rally”. Investors are also eagerly anticipating the release of second estimates for Q3 GDP growth, corporate profits, and industrial production after last week’s data suggested the Fed may cut interest rates further in the coming year.
