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Stock futures trade mixed ahead of final trading day of year

Added 12-31-20 04:04:02am EST - “It will be a full trading day on Wall Street. Markets in Germany and Japan were closed” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Stock futures trade mixed ahead of final trading day of year”. Below is an excerpt from the article.

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UBS Wealth Management USA Senior Portfolio Manager Alan Rechtschaffen advises investors to look out for ‘positivity, POTUS, Powell, pathogens and preparation’ in next year’s markets.

All three futures indexes are trading with very little movement. The Dow and S&P 500 are lower by 0.1%.

Traders will get one last economic report to end the year in the form of initial jobless claims for last week. Watch for an increase of 30,000 to 833,000. Continuing claims, which track the total number of unemployed workers collecting benefits, are anticipated to rise slightly to 5.39 million. That’s up from the previous week’s reading of 5.338 million, which was the lowest since March 21.

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