Spoos Hug 4,200 In Thin Holiday Trading As Global Stocks Close Out 4th Month Of Gains
by Tyler Durden
It was anything but
sell in May .
With US markets closed for Memorial Day, Emini futures traded virtually at 4,200 amid light volumes as world stocks were firmly on track to post a fourth straight month of gains on Monday. MSCI’s index of world stocks drifted 0.1% higher, putting the gauge on track for a 1.4% gain for May.
It is the longest monthly rising streak for the index since August 2020, when it marked a five-month run of gains, according to Reuters.
S&P 500 and Nasdaq 100 futures swung between small gains and losses amid shortened trading hours due to the Memorial Day holiday in the U.S. The dollar was steady against a basket of peers.
U S futures, stocks decline with jobs data in view
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