Major stock indexes in the United States traded in the red in the first premarket session after the holidays. The day will feature data on mortgage applications and the most recent unemployment rates, both due before the opening bell. Traders will also factor in the US Steel acquisition, which has officially been postponed until the first quarter of 2025.
The Dow Jones declined by 0.25% at 4:35 am ET, while the Nasdaq 100 decreased by 0.3%, and the S&P 500 went down by 0.29%.
The euro plunged 0.42% compared to the dollar, changing hands at $1.03975 at 4:34 am ET.
