How are stock-index futures trading:
Dow Jones Industrial Average futures fell 24 points, or 0.05%, to 44,681
S&P 500 futures increased 3.75 points, or 0.06%, to 6,103
Nasdaq 100 futures increased 38 points, or 0.17%, to 21,694
On Friday, the Dow Jones Industrial Average fell 123 points, or 0.28%, to 44,643, the S&P 500 increased 15 points, or 0.25%, to 6,090, and the Nasdaq Composite gained 159 points, or 0.81%, to 19,860.
Stock futures were flat on Monday as investors braced themselves for publication of the Bureau of Labor Statistics’ consumer price index (CPI) report on Wednesday ahead of the Federal Reserve’s upcoming rates meeting on Dec. 18. Markets are now pricing in an 85% probability the Fed will cut interest rates, according to FedWatch.
The Dow Jones Industrial Average underperformed rival indexes, in part because the reaction to the murder of a UnitedHealth Group executive in midtown Manhattan sparked investor concern about the sustainability of their profits. UnitedHealth, a Dow component, fell 11% last week.
The S&P 500 index, meanwhile, hit another new record on Friday as it edged towards making gains of 30% in this year. The Nasdaq 100 index also made gains of more than 3% last week in a continuation of the major rally this year.
Chinese stocks rallied — helping commodities — as the Politburo promised more fiscal and monetary policy action next year.
