Stock futures rise as traders look ahead to holiday-shortened week: Live updates

U.S. banal futures emergence connected Sunday nighttime up of a shortened vacation week, arsenic traders deliberate whether tech tin regain its footing earlier the year's end.

Dow Jones Industrial Average futures roseate by 100 points, oregon 0.2%. S&P 500 futures and Nasdaq 100 futures climbed 0.3% and 0.3%, respectively.

Wall Street is coming disconnected a mixed week for the large averages. A late-week surge successful tech stocks helped assistance the S&P 500 and Nasdaq Composite to their 3rd winning week successful four, up 0.1% and 0.5%, respectively. The 30-stock Dow, which has outperformed this month, fell 0.7%, snapping a three-week winning streak.

Artificial quality stocks enjoyed a resurgence past week aft their caller underperformance. Shares of Oracle, a large laggard, jumped aft TikTok agreed to merchantability its U.S. operations to a caller joint venture that includes the bundle elephantine and private-equity steadfast Silver Lake. Nvidia besides made a comeback.

However, investors are watching to spot whether AI stocks tin clasp their enactment heading into the year-end, particularly arsenic investors rotate into cheaper parts of the marketplace amid concerns astir lofty tech valuations. There's besides uncertainty astir whether a "Santa Claus rally" volition materialize, arsenic the S&P 500 struggles to clasp a cardinal method level.

"My presumption a mates of weeks agone was an extremity of twelvemonth grind," said Justin Bergner, portfolio manager astatine Gabelli Funds. "And I deliberation that's go an extremity of twelvemonth churn."

The New York Stock Exchange volition adjacent aboriginal connected Wednesday astatine 1 p.m. ET connected Christmas Eve and volition beryllium closed Thursday for Christmas Day.