U.S. equity futures were trading cautiously higher Friday, the last trading day before the Christmas holiday.Stocks will trade in a regular session, but the bond market will have an early close at 2:00 p.m. ET.Oil prices moved higher on Friday on expectations of lower Russian crude exports from the Baltic region in December.
Durable goods will also be released along with new home sales and the University of Michigan’s final index of consumer sentiment for December. The S&P 500 fell 1.4% on Thursday after having been down as much as 2.9% earlier in the day. It closed at 3,822.39. Flight cancelations are top of mind for holiday travelers as a harsh winter storm is expected to hit a large swath of the U.S.
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