U.S. stock futures were down early Wednesday after the S&P 500 (SPX) hit a record high. The New York Stock Exchange (NYSE) will close early today at 1 p.m. EST for Christmas Eve and will remain closed on Thursday for Christmas Day.
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Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.07%, 0.09%, and 0.10%, respectively, at 3:25 a.m. EST on December 24.
During Tuesday’s regular trading, the three major indexes extended their winning streaks, led by big tech names such as Alphabet (GOOGL), Nvidia (NVDA), Broadcom (AVGO), and Amazon (AMZN). The S&P 500 increased 0.46% to close at a fresh high of 6,909.79, while the Nasdaq Composite and the Dow gained about 0.57% and 0.16%, respectively.
Looking ahead, traders will monitor the weekly initial jobless claims due Wednesday morning for fresh economic cues.
No key earnings reports are scheduled for today.
Notably, the U.S. 10-year Treasury yield was up, floating near 4.17%. WTI crude oil futures were trending higher, hovering near $58.62 per barrel as of the last check. Additionally, the Gold Spot U.S. dollar price increased to nearly $4,509 per ounce on Wednesday, hitting another record high.
Elsewhere, European indexes opened mostly higher on Wednesday as the year-end “Santa Claus rally” continued across global markets.
Asia-Pacific Markets Traded Mixed
Asia-Pacific markets traded mixed on Christmas Eve. Hong Kong’s Hang Seng Index rose 0.17%. In China, the Shanghai Composite gained 0.53%, while the Shenzhen Component added 1.17%. Meanwhile, Japan’s Nikkei fell 0.14%, and the Topix declined 0.46%, after an early rally was muted following news that Japan planned to issue roughly 29.6 trillion yen in new government bonds to fund its fiscal 2026 budget.
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