5 Things to Know Before the Stock Market Opens | Global News Avenue

Tuesday is the last trading day in 2024, and the market will be closed tomorrow for New Year’s Day; U.S. stock index futures are higher, and investors are looking forward to Dow Jones Industrial Average and S&P 500 Index Ending worst month since April; Tesla (Tesla) shares were higher in premarket trading after falling 10% over the past three sessions ahead of the quarterly deliveries report; Boeing (Bachelor) shares are trading slightly higher after falling on Monday following last weekend’s fatal Jeju Air crash; investors are watching for today’s interpretation S&P Case-Shiller Home Price Index October. Here’s what investors need to know today.

1. Today is the last day of trading in 2024; the market will be closed tomorrow

Investors are preparing to suspend trading New Year’s Day holiday on Wednesdaywhen both the stock and bond markets will be closed. Today, the bond market will close early at 2 p.m. ET. The market will return to regular trading hours on Thursday, the first trading day of 2025. It’s been a positive year for stock indexes, which are dominated by tech stocks Nasdaq An increase of about 30%, S&P 500 Index increased by nearly 24%, and Dow Jones Industrial Average up 13%.

2. U.S. stock futures rise; Dow and S&P 500 are expected to hit their worst month since April

U.S. stock futures edge higher on Tuesday, but market underperforms Shocking performance on last trading day of December. Nasdaq futures rose 0.5% after falling 1.2% on Monday. S&P 500 and Dow futures rose 0.4% and 0.3% respectively, but both were on track for their biggest monthly losses since April. The 10-year Treasury yield is lower at about 4.52%, while Bitcoin (Bitcoin USD) is trading up nearly 2% to over $94,000. Oil and gold futures were also higher.

3. Tesla’s stock price rose after falling for three consecutive trading days.

Tesla (Tesla) shares rose 1% in pre-market trading as the electric vehicle (EV) maker looks to rebound from subdued trading ahead of a delivery report later this week. Tesla shares have fallen 10% in three trading days since Christmas, even though the stock is up 68% year to date. Tesla is expected to release its Fourth quarter delivery report ThursdayAnalysts expect the electric car maker to deliver about 510,000 vehicles, up 10% month-on-month and 5% year-over-year.

4. Boeing shares steady after fall on Korean Air crash

Boeing (Bachelor) shares edged higher in pre-market trading dropped by more than 2% Monday after a Korean Air flight crashed over the weekend. South Korea has ordered inspections of all 737-800 aircraft Jeju Air crash 179 people died over the weekend. It’s the latest incident for Boeing, which has seen its shares fall by about a third this year due to aircraft quality issues and workforce disruptions. Raise additional capital to maintain its investment-grade credit rating and stem cash hemorrhages.

5. House price index data released today

Market watchers are set to release economic data today at 9 a.m. ET S&P Case-Shiller Home Price Index October. The report comes after house prices rose A year-on-year increase of 3.9% September. The Federal Housing Finance Agency (FHFA) also plans House price data for October released today. Yesterday, data showed that pending home sales rose 2.2% in November, better than analysts surveyed wall street journal and Dow Jones Newswires expected.