Holiday Lull: Stocks and Dollar Experience Subdued Trading

1 min read
Source: Yahoo Finance
Holiday Lull: Stocks and Dollar Experience Subdued Trading
Photo: Yahoo Finance
TL;DR Summary

Stocks were mixed and the dollar rebounded as traders awaited US economic data before the holiday break. Futures on the S&P 500 and Nasdaq 100 were flat after Wall Street's rally stalled. Investors are looking to data on US jobless claims, durable- and capital-goods orders, and consumer sentiment for clues on monetary policy. Meanwhile, cryptocurrencies declined after Binance Holdings and its CEO pleaded guilty to money laundering and sanctions violations. Oil steadied ahead of an OPEC+ meeting on supply, and European stocks edged higher.

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