US Futures Point to Gains at the Open
2025-12-17 11:18
By
Joana Taborda
1 min. read
US stock futures edged higher on Wednesday, with contracts tied to the three major indexes up around 0.3%, following a mixed and volatile session the previous day.
Investors are now looking ahead to the delayed CPI report due tomorrow for clues on the Fed's policy moves for next year, after a set of mixed jobs and retail sales data released yesterday.
Energy shares advanced in premarket trading, with Exxon Mobil up 0.9%, Chevron rising 0.7%, and ConocoPhillips gaining 1.6%, after oil prices jumped more than 2%.
The rally in crude followed President Trump’s order for a “total and complete” blockade of sanctioned oil tankers linked to Venezuela.
Amazon shares also traded higher ahead of the opening bell, rising 1.4% after reports that the company is in talks to invest about $10 billion in OpenAI.
Meanwhile, Netflix climbed 1.8% following reports that Warner Bros.’ board is likely to favor a buyout bid from Netflix.