The Market Brief
Hey team. U.S. equity futures dipped on Friday, wrapping up this holiday-shortened week. Let’s review the last trading session and see what’s next!
Macro Viewpoint
U.S. stock index futures declined on Friday, capping off a positive, holiday-shortened week for Wall Street's major indexes.
The week’s gains were fuelled by optimism surrounding a historically strong period for the markets. With a stellar year for U.S. equities behind them, investors anticipate seasonal momentum to extend into mid-January.
This period could bring significant market moves driven by a wave of economic data and the political transition in Washington.
Trading volumes this week have been below the six-month average and are expected to remain muted until January 6. The next major market catalyst will be the December employment report, scheduled for release on January 10.
