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News  ›  Benzinga

Stock Market Today: Dow Futures Rise, S&P 500, Nasdaq Slip Ahead Of New Year's Week—Target, Coupang, Taiwan Semiconductor In Focus

Benzinga Logo Benzinga By Rishabh Mishra
Stock Market Today: Dow Futures Rise, S&P 500, Nasdaq Slip Ahead Of New Year's Week—Target, Coupang, Taiwan Semiconductor In Focus

U.S. stock futures showed mixed performance on Monday with the Dow rising 0.03% while S&P 500 and Nasdaq 100 declined 0.22% and 0.42% respectively. The market faces a light week with New Year's Day closure on Thursday. Key movers include Target (activist investor stake), Coupang (data breach settlement), Taiwan Semiconductor (earthquake concerns), Bolt Projects (strong revenue growth), and Sable Offshore (pipeline lawsuit). Treasury yields held steady at 4.11% (10-year) and 3.47% (2-year), with markets pricing an 82.8% probability of unchanged Fed rates in January.

Insights
TGT   positive

Activist investor Toms Capital Investment Management made a significant investment in Target, signaling confidence in the company's potential. Stock up 0.11% in premarket trading.