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US futures are seen softer in thin holiday trading


S&P 500 futures are down 0.4% with Nasdaq futures down 0.5% and Dow futures down 0.4% as well. Trading conditions are marred by thin liquidity as we are still in the holiday season for markets. Europe is out for the day and so is Canada, leaving only the US markets to open later. But at a time like this, don't expect market players to do much anyway. Not until the new year anyway.

Coming up though, we have our first weekly jobless claims. So, that will add some mind to the week of Christmas. The S&P 500 itself has largely erased its post-Fed decline and that confirms dip buyers heading into the start of the year. Here's a look at the chart:

S&P 500 index daily



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