Investors continued to assess the impact from the pandemic and an upcoming shift in easy monetary policy.
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Futures on the Dow Jones Industrial Average dipped 40 points. S&P 500 futures was little changed and Nasdaq 100 futures climbed 0.3%. Some investors are hoping for a Santa Claus rally into the year-end, which calls for positive market performance in the last five trading days of the year and first two trading days of January, according to"On the one hand, corners of the market are oversold," Adma Crisafulli, founder of Vital Knowledge, said in a note. However, "the aggressive 'buy the dip' mentality, which proved so profitable for the last 1.
Despite the losses last week, the S&P 500 is still up 1.2% this month, bringing its 2021 gains to 23%. The tech-heavy Nasdaq is down 2.4% in December so far, however, as technology names sold off. The blue-chip Dow has gained 2.6% this month.
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