U.S. stock futures were down on Wednesday morning 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. Futures on the Nasdaq 100 (NDX), the S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) were down 0.02%, 0.04%, and 0.09%, respectively, at 8:24 a.m. EST on December 24.
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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.
Turning to trending stocks, Nike (NKE) shares rose 2.4% after Apple (AAPL) CEO Tim Cook purchased 50,000 shares of NKE Class B stock. UiPath (PATH) shares surged more than 8% after the stock was added to the S&P MidCap 400 index. Also, Dynavax Technologies (DVAX) rallied 40% following news of acquisition by Sanofi SA (SNY).
Meanwhile, Intel (INTC) stock was down 2.2% after Reuters reported that Nvidia (NVDA) recently halted tests on the chipmaker’s 18A manufacturing process.
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