By Tommy
Good morning moomooers! Here are things you need to know before the opening bell:
Stocks making the biggest moves premarket: Exxon Mobil, Apple, Tesla
U.S. equity futures were little changed on the last day of 2020
U.S. stocks in 2020: A year for the history books, in charts
Europe shares log yearly losses of 3.8% as coronavirus and stimulus dominate 2020
Market Snapshot
Markets are ending a tumultuous year on a quiet note, with global stock indexes holding near record highs and the dollar at the lowest in two years.
U.S. equity futures were little changed and European stocks dipped on the last day of 2020.
Source: Bloomberg
Premovers
Stocks making the biggest moves premarket: Exxon Mobil, Tribune Publishing, Apple, Tesla & more
$Tesla, Inc.(TSLA.US)$ is higher in premarket trading, after rising for five straight sessions and hitting an all-time high during Wednesday's trading. Tesla shares have gained about 730% this year, going into the year's final trading day. The company's stock was up more than 1% around 7:45 a.m. ET.
$Baidu Inc(BIDU.US)$– The China-based search engine company is seeing its stock rise once again in premarket trading, following three straight days of gains capped by a 12.6% gain during Wednesday trading. Baidu had been among the China-based stocks that fell last Thursday on news of an antitrust crackdown on large companies by the Chinese government. The shares were up more than 3% at around 7:50 a.m. ET.
$Apple Inc(AAPL.US)$– Apple removed 39,000 games from its China app store, amid a crackdown on unlicensed games by the Chinese government. Including those games, a total of more than 46,000 apps were removed. Shares had gained half of 1% as of 7:45 a.m. ET.
Annual review
U.S. stocks in 2020: A year for the history books, in charts
The year 2020 was a wild one for Wall Street, bookended by the end of the longest bull market in history with the battering of equities by the COVID-19 shutdowns, and a bungee-cord rebound on hopes for an economic recovery that resulted in the shortest bear market on record.
Europe shares log yearly losses of 3.8% as coronavirus and stimulus dominate 2020
Year-to-date, the Stoxx 600 index is down 3.75%, however it is up nearly 11% for the quarter.
The worst-performing market in the region has been Spain’s IBEX, down 15% this year.
Source: CNBC, Reuters, Bloomberg