U.S. stock futures are ticking lower after markets ended last week on a sour note and Treasury yields remained elevated; Boeing (BA) stock is falling in premarket trading after one of its 737-800 planes crashed in South Korea; Tesla (TSLA) shares are moving lower ahead of its deliveries report later this week; November pending home sales are expected to slow from the pace set in the prior month; and bitcoin-related stocks MicroStrategy (MSTR), Coinbase Global (COIN), Riot Platforms (RIOT), and MARA Holdings (MARA) are lower as the cryptocurrency ♚hovers below $94,000. Here's what investors need to know today.
1. US S𓆉tock Futures Point Lower to Start Holiday-Shortened W♋eek
U.S. stock futures are pointing lower as investors prepare for another holiday-shortened week following a 澳洲幸运5开奖号码历史查询:disa🔥ppointing ending to t🍷he prior week. Nasdaq futures are 0.2% lower after the tech-focused index shed 1.5% Friday. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average and 澳洲幸运5开奖号码历史查询:S&P 500 futures are down by a similar amount after posting larger declines to close last week. The dip comes as investors begin to lose faith in a so-called 澳洲幸运5开奖号码历史查询:Santa Claus rally. Yields on the 10-year Treasury note are down slightly but continue to hover around 4.6%. Bond trading will end early Tuesday and 澳洲幸运5开奖号码历ꦦ史查询:stock and bond markets will be closed Wednesday for New Year's Day.
2. Boeing Stock Lower After South Kore🔯an Airline C🍒rash
Boeing (BA) stock is down about 3% in premarket trading after one of its 737-800 planes 澳洲幸运5开奖号码历史查询:crashed in South Korea, killing 179 of the 181 people on board the Jeju Air flight. The crash comes as the U.S.-based aircraft maker has suffered a string of setbacks this year, including a 澳洲幸运5开奖号码历史查询:machinists strike and a 澳洲幸运5开奖号码历史查询:dꦦoor plug detach during an Alaska Airlines flight. The company was still 澳洲幸运5开奖号码历史查询:🃏struggling to recover from f🗹atal 737 MAX crashes in 201♋8 and 2019, and its share♕s have fallen 30% this year despite showing some recovery in December.
🔯 3. Tesla Stock Lower as Investors Look Ahea💟d to Deliveries Data
Tesla (TSLA) stock is 2% lower in premarket trading after declining the prior two sessions as investors look ahead to the electric vehicle (EV) maker's 澳洲幸运5开奖号码历史查询:fourth-quarter delivery report later this week. Analysts anticipate that Tesla will post deliveries of 510,000 units, which would represent 10% growth from the prior quarter and 5% year-over-year improvement. Since the Nov. 5 presidential election, Tesla shares have surged more than 70% on expectations that CEO 澳洲幸运5开奖号码历史查询:Elon Musk's ties to President-elect Donald Trump will benefit the automaker. The stock closed Friday at $431.66, down🍰 nearly 12% from its all-time high of $488.54 set on Dec. 18.
4. Pending Home Sales Data Highlights Housing﷽, Construction Reports This Wee💦k
Investors will still be following some economic data during this shortened trading week, with several pieces of housing and construction data on tap. The National Association of Realtors (NAR) 澳洲幸运5开奖号码历史查询:Pending Home Sales Index is expected to have risen by 0.7% in November when that data is released at 10 a.m. ET today, less than October's 澳洲幸运5开奖号码历史查询:better-than-expected 2% jump. Investors will also get readings of the 澳洲幸运5开奖号码历史查询:S&P𒈔 Cas🌸e-Shiller Home Price Index on Tuesday and 澳洲幸运5开奖号码历史查询:construction spending data on Thursday.
5. Crypto Stocks L♛ower as Bitcoin Hovers Below $94,000
Bitcoin (BTCUSD) continues to trade below $94,000 after the cryptocurrency pulled back from the $100,000 level last week. Going into 2025, some analysts are optimistic that 澳洲幸运5开奖号码历史查询:bitcoin could top $200,000 as it gets positive treatment from the incoming Trump administration. However, the recent price swoon has also affected cryptocurrency-affiliated companies. Shares of 澳洲幸运5开奖号码历史查询:bitcoin buyer MicroStrategy (MSTR) are 2% lower in premarket trading after declining 3% Friday, while those of bitcoin miners Riot Platforms (RIOT) and MARA Holdings (MARA) and crypto exchange Coinbase Global (COIN) also are down.