- Friday's star of the day, Cyren, appreciated 16.87% before New Year's Day holiday
- Futu Holdings Limited was the biggest decliner after giving up 31% Friday
- European markets are up as FTSE is up by 2.18%, hitting 7,614.
Markets are closed due to the New Year's Day holiday but will reopen today. Looking back over the previous session, leading equity indices in the US declined as S&P 500 closed at 3,839.5, a 0.25% change. After dropping 0.22%, Dow Jones closed at 33,147.
US traders are set to return to their desks today. Meanwhile, elsewhere in equities, European session in progress; markets are rising as FTSE leaps up to 7,614 (up 2.18%). Asia-Pacific markets were down today as ASX 200 is currently down 1.31% and trading around 6,946.2.
With markets struggling for positive sentiment, upcoming macro data could potentially attract buyers in the market as United States Crude Oil Inventories expected to decline to -1.52 million while its preceding data was 718,000, data will be available Thursday.
Furthermore, United States ADP Nonfarm Employment Change (Dec) will be released Thursday. United States JOLTs Job Openings (Nov) is expected tomorrow at 15:00 UTC.
While markets are generally down so far today, some stocks outperformed such as Cyren gained 16.87% to reach 61.94 cents. Playtika (up 1.79%) is also performing well.
Friday's bearishness affected individual stocks as worst performer on Friday before the New Year's Day break was Futu Holdings Limited having shed $18.26 or 31%
Futu Holdings Limited | Closed down 31% at $40.65 Friday
Futu Holdings Limited's bearish run has lasted 4 days so far (-$5.14). More of the same from Friday's session: early in Friday's session, Futu Holdings Limited dropped to $39.72 from $58.91 at the end of Thursday, before closing at $40.65. During the session, it lost 31%.
Daily trading volume (26.94 million shares) increased, making up 783% of the 21-day average (3.44 million).
Daily trading volume (173,479 shares) was above the current multiday average of 59,914.