From Investing.com:

Stock futures remained steady in overnight trading, after the S&P 500 rallied by 24% in 2023. Tech shares, such as Apple and Microsoft, led the advance. However, Wall Street strategists anticipate lower returns for stocks in 2024, with S&P 500 predicted to reach 4,881, just 2.3% higher than Friday’s close of 4,769.83.

By 6:40 am ET, Dow futures and Nasdaq futures ticked 0.1% higher and remained flat, respectively. The S&P 500 concluded 2023 with a 9-week winning streak, marking its best performance since 2004 and reaching a new all-time high. On the other hand, analysts caution that an economic slowdown and subdued consumer spending may result in slower earnings growth for businesses.



Read more: Dow futures tick higher after a robust 2023 By Investing.com