U.S. stock futures were in the red on Tuesday morning after a strong start to the holiday-shortened trading week. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.07%, 0.05%, and 0.06%, respectively, at 8:00 a.m. EST on December 23.
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The New York Stock Exchange (NYSE) will close early at 1 p.m. EST on Wednesday for Christmas Eve and will remain closed on Thursday for Christmas Day.
During Monday’s regular trading, the S&P 500 advanced for the third straight session, up 0.64%, helped by a 1.5% rise in Nvidia (NVDA) and gains in Micron (MU) and Oracle (ORCL) stocks. The Dow Jones and Nasdaq Composite were up 0.47% and 0.52%, respectively.
Turning to trending stocks, shares of Danish pharma giant Novo Nordisk (NVO) jumped 8% in Tuesday’s pre-market trading as the U.S. FDA approved the company’s Wegovy weight loss pill. Moreover, Zim Integrated Shipping Services (ZIM) stock rallied more than 9% as the company confirmed receiving multiple competitive acquisition proposals.
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