Here are five key things investors need to know to start the trading day:
1. Year-end
It’s the final trading day of 2024, and stocks have been stumbling into the year-end. The major indexes were each down about 1% Monday on thin trading. But with one trading session to go, all three averages are well ahead on the year, with the Dow Jones Industrial Average up 13%, the S&P 500 up 24% and the Nasdaq Composite up 30%. Follow live market updates as stocks close out the year.
2. Honoring a president
NYSE Honors Former President Jimmy Carter with a Moment of Silence on Dec. 30th, 2024.
NYSE
3. Boeing fleet
A Jeju Air Boeing 737-800 on the runway at Tokyo Narita airport in 2017.
Sopa Images | Lightrocket | Getty Images
Boeing’s 737-800, the type of aircraft that fatally crashed in South Korea over the weekend, is one of the world’s most common jet models. The plane makes up 17% of the global in-service commercial passenger jet fleet, according to data firm Cirium, with nearly 4,400 aircraft in operation. The 737-800 also has a strong safety record and an average age of 13 years, which experts say makes it unlikely that investigators will find a design flaw in the long-flying aircraft.
4. Gassing up
A natural gas power generating plant is shown in Huntington Beach, California, on June 24, 2021.
Mike Blake | Reuters
Natural gas prices are rising. February futures hit a 52-week high Monday, up more than 15% during the session, after a report by The Weather Co. and Atmospheric G2 that said January could be colder than usual on the East Coast and around the Great Lakes. “We are talking [about] bone-chilling polar vortex weather, which has caused this spike in natural gas,” said John Kilduff of Again Capital.
5. Treasury hack
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023.
Kevin Lamarque | Reuters
– CNBC’s Samantha Subin, John Melloy, Leslie Josephs and Sean Conlon, and NBC News’ Kalhan Rosenblatt and Brian Cheung contributed to this report.