Markets Set to Open Up as Tech Leads the Charge Into 2025
U.S. stocks looked set to trade in the green on Thursday, a welcome change after investors’ jitters about elevated interest rates and the deficit fueled a selloff over the final weeks of 2024. Futures tracking the Dow Jones Industrial Average were up 269 points, or 0.6%, ahead of the first trading session of the year. All three indexes racked up triple-digit gains in 2024, but wobbled in December as the market fretted that the Federal Reserve won’t lower interest rates much more with inflation still running clear of its 2% target.