Dow Jones futures rose today. before the close of trading for 2023 next week.
As of 6:24 p.m. Thai time, the Dow Jones Futures Index rose 74 points, or 0.2%, to 37,735 points.
Wall Street enters the final stretch of 2023 amid a buoyant trading environment. Before entering the Christmas holiday period next week.
The Dow Jones Industrial Average hit an all-time high in intraday trading on Friday, while the Nasdaq closed at an all-time high. Responding to the US Federal Reserve (Fed), which signaled the end of the cycle of interest rate increases. and will start reducing interest rates next year
Additionally, the Dow, S&P 500 and Nasdaq rose seven straight weeks, rising 3.8%, 3.3% and 4.1%, respectively, for the month.
Investors are keeping an eye on the “Santa Rally” phenomenon on Wall Street this year. This usually lasts for 7 business days, occurring during the last 5 business days of the current year as well as the first 2 days of the new year.
The S&P 500 Index has dropped in December only 18 times since 1950.
2023-12-18 11:47:15
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