U.S. equity futures are pointing to a positive start for the next session amid a quiet holiday trading period. With no major economic data scheduled, the market's focus shifts to individual company news and post-holiday trading dynamics.
Stocks to Watch
- ServiceNow, Inc.: Announced a significant $7.75 billion acquisition of cybersecurity firm Armis, signaling strategic expansion in the tech sector.
- Sanofi: Agreed to acquire vaccine maker Dynavax Technologies for $2.2 billion, strengthening its position in the healthcare sector.
- Nvidia Corporation: Stock jumped 3.0% on December 24th, continuing its AI-driven rally, despite reports of pausing Intel chip testing.
- Novo Nordisk A/S: Rose 1.8% after U.S. regulators approved its oral Wegovy, a key development in the competitive weight-loss drug market.
Looking ahead, traders will be closely monitoring liquidity levels and overall risk sentiment as post-holiday trading resumes.