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U.S. futures point to steady open in quiet trade

Published 12/22/2016, 08:01 AM
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Investing.com - Wall Street futures were steady to lower on Thursday, as trading volumes were expected to remain light with traders unwinding positions ahead of the Christmas holiday.

The blue-chip Dow futures were down 0.04%, the S&P 500 futures dipped 0.07%, while the tech-heavy Nasdaq 100 futures eased 0.05%.

The tech sector was expected to be in focus, after Twitter Inc (NYSE:TWTR)’s chief technology officer said on Wednesday that he would be leaving the company. Shares were down 0.18% in pre-market trade after losing over 4% on Wednesday.

FedEx (NYSE:FDX) was another pre-market mover, with shares edging up 0.06% folliwing a more than 3% drop on Wednesday after the package delivery company said quarterly results missed expectations.

Professional services company Accenture plc (NYSE:ACN) was also likely to be in the spotlight after plummeting 5% in Wednesday’s session, as the revenue forecast missed estimates.

Market participants were looking ahead to U.S. reports on jobless claims, durable goods orders, personal spending and economic growth due later in the day.

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