Counting down on Wall StreetFutures point to flat open on last trading day of the year; existing home sales due for release.LONDON (CNNMoney.com) -- U.S. stocks looked poised for a weak open on the last trading day of the year as investors awaited the latest reading on the housing market. At 4:31 a.m. ET, Nasdaq and S&P futures were narrowly higher, suggesting a flat start for Wall Street on Monday. Trading is expected to be thin as investors count down to the start of 2008. Bond markets will close early at 2 p.m. ET. Investors will look to a report on November existing home sales for direction. The report from the National Association of Realtors is due out at 10 a.m. ET. In global trade, Hong Kong stocks finished a shortened session on a positive note. Japanese markets were closed. In Pakistan, stocks tumbled 5 percent as markets reopened after the assassination of opposition leader Benazir Bhutto. European markets got off to a mixed start and will close early. |
Photo Galleries
When it comes to in-flight pampering, the amenity kits offered by these 10 airlines are the ultimate in luxury More
From a text therapy platform to apps that push you reminders to breathe, these self-care startups offer help on a daily basis or in times of need. More
From Uber's flying cars to the Hyperloop, these are some of the neatest transportation concepts in the works today. More
|
