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4 Tips for Today’s Trading - 26/12

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Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:


1) Futures Firm

US stock futures were pointing to a positive open though a quiet session was expected to close out the shortened trading week.

On Wednesday, the Dow Jones industrial average inched higher to notch its second straight finish above 18,000. The S&P 500 closed relatively flat, and the tech-heavy Nasdaq gained 0.2%.

There are no major earnings due out Friday and no economic updates either.


2) Oil Rebounds

Crude oil ticked up in electronic trading Friday to trade above $56 a barrel. Oil prices have suffered sharp falls this year as a combination of abundant supplies, a strong US dollar and weaker demand from Europe and Asia deterred buyers.


3) Ruble Stabilizes

Russia's battered currency regained some poise Friday following a series of interventions by the government and central bank this week to halt a worsening financial crisis.


4) International Markets Overview

Most markets in Europe and Asia remained closed for holidays. Chinese stocks were the standout in Asia, with the Shangahi Composite rallying 2.8%

 

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