Stock futures climbed fractionally Wednesday morning as traders look to the end of a losing year and prepare for 2023.
Futures tied to the Dow Jones Industrial Average added 91 points, or 0.27%. S&P 500 and Nasdaq 100 futures were up 0.25% and 0.2%, respectively.
There is a light economic calendar on tap Wednesday, with pending home sales and the Richmond Federal Reserve’s business activity survey on tap at 10 a.m. ET. No Fed officials are scheduled to speak publicly until next week.
Tuesday kicked off the start of a holiday-shortened trading week. The Dow rose 37.63 points, or 0.11%, to close at 33,241.56. The S&P 500 fell 0.40%.
The Nasdaq Composite shed nearly 1.4%, driven down by an 11% drop in Tesla stock after The Wall Street Journal reported that the electric vehicle maker would continue a weeklong production pause at a Shanghai facility. Tuesday marked the seventh straight day of…
