financetom
Business
financetom
/
Business
/
Investors Digest Jobless Claims as US Equity Futures Drop Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Investors Digest Jobless Claims as US Equity Futures Drop Pre-Bell
Dec 26, 2024 6:17 AM

08:58 AM EST, 12/26/2024 (MT Newswires) -- US equity futures were cautiously lower ahead of Thursday's opening bell as traders digested jobless claims data following the Christmas holiday break.

Dow Jones Industrial Average futures, S&P 500 futures and Nasdaq futures were all down 0.4%.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.7% at $73.62 per barrel and US West Texas Intermediate crude up 0.8% at $70.66 per barrel.

New unemployment claims, released at 8:30 am ET, dropped to 219,000 in the week ended Dec. 21 from 220,000 in the preceding week, compared with estimates compiled by Bloomberg for a rise to 223,000.

In other world markets, Japan's Nikkei closed 1.1% higher, and China's Shanghai Composite ended 0.1% higher. The Hong Kong, UK and German markets were closed for holiday.

In equities, Zoomcar Holdings ( ZCAR ) shares surged 106% after the company reported a 43% year-on-year growth in November bookings.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Aspen Aerogels Insider Sold Shares Worth $536,895, According to a Recent SEC Filing
Aspen Aerogels Insider Sold Shares Worth $536,895, According to a Recent SEC Filing
May 14, 2024
01:37 PM EDT, 05/14/2024 (MT Newswires) -- Keith L Schilling, Senior Vice President, Technology, on May 13, 2024, sold 20,000 shares in Aspen Aerogels ( ASPN ) for $536,895. Following the Form 4 filing with the SEC, Schilling has control over a total of 28,792 shares of the company, with 28,792 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1145986/000095017024059310/xslF345X03/ownership.xml Price: 26.11, Change:...
Sector Update: Consumer
Sector Update: Consumer
May 14, 2024
01:37 PM EDT, 05/14/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.1%. In corporate news, On (ONON) shares jumped 18% as it topped Q1 expectations amid strong direct-to-consumer growth while reiterating its full-year constant currency sales growth...
Top Midday Gainers
Top Midday Gainers
May 14, 2024
01:37 PM EDT, 05/14/2024 (MT Newswires) -- Cheetah Net Supply Chain Service's ( CTNT ) shares surged more than 230% after the company said Tuesday it priced a follow-on offering of about 13.2 million common shares at $0.62 apiece. More than 32.7 million Cheetah shares traded intraday compared with a daily average of about 79,000. GameStop ( GME ) jumped...
Google Launches Generative AI-Powered Search Engine
Google Launches Generative AI-Powered Search Engine
May 14, 2024
01:37 PM EDT, 05/14/2024 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) announced Tuesday it is making available a new version of its search engine that includes artificial intelligence-powered responses to users in the US this week. The new iteration, which Google ( GOOG ) calls AI Overviews, will be made available to users in other countries soon, Chief...
Copyright 2023-2026 - www.financetom.com All Rights Reserved