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US Stocks To Edge Lower After Thanksgiving As Investors Await Data: Analyst Expects A Santa Rally, 'Goldilocks Foundation' For Big Tech And Tesla

Benzinga ·  Dec 2 23:28

U.S. stock futures slid and Dollar Index rose in the premarket trading on Monday. This week the global economy and markets will be dominated by data and remarks from central bankers.

The Dollar Index strengthened over 0.5% and was hovering around the 106.27 level. Expectations of a further 25 basis point rate cut in December fell to 61.7%, according to CME Group's FedWatch tool.

Futures

Performance (+/-)

Nasdaq 100

-0.20%

S&P 500

-0.18%

Dow Jones

-0.13%

R2K

0.02%

Cues From The Last Session

U.S. stocks closed higher on Friday, with the Dow Jones Industrial Average and S&P 500 reaching new records during the shortened trading week.

The tech-heavy Nasdaq Composite also gained ground, driven...

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