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US eyeing Christmas eve bounce

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U.S. stock futures rose Monday, indicating markets could bounce in a holiday-shortened session after the worst week of trading since the financial crisis of 2008.

How are benchmarks performing?

Dow Jones Industrial Average futures rose 125 points, or 0.6%, to 22,533, while S&P 500 futures gained 15 points, or 0.6%, to 2,429.25. Nasdaq-100 futures rose 38.75 points, or 0.6%, to 6,102.

On Friday, the Dow Jones Industrial Averages fell 414.23 points, or 1.8%, to 22,445.37, while the S&P 500 index fell 50.84 points, or 2.1%, to 2,416.58. The Nasdaq Composite Index traded down 195.41 points, or 3%, to 6,332.99.

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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