DJIA futures are hovering near breakeven to start the holiday-shortened week
Dow Jones Industrial Average (DJIA) futures are hovering around breakeven to begin the holiday-shortened week of trading, as traders watch to see if the Dow will make
another run at the key 20,000 level and extend its
longest weekly win streak in years. Retailers could be in focus today, with post-holiday sales data likely to trickle in, though overall volume is expected to be light.
Continue reading for more on today's market, including:

Futures on the Dow Jones Industrial Average (DJIA) are about 3 points below fair value.
5 Things You Need to Know Today
- The Chicago Board Options Exchange (CBOE) saw 506,980 call contracts traded on Friday, compared to 335,134 put contracts. The resultant single-session equity put/call ratio fell to 0.66, while the 21-day moving average rose to 0.61.
- Tesla Motors Inc (NASDAQ:TSLA) is trading 0.3% higher ahead of the open -- set to pare some of its 2016 losses -- on news that the electric automaker will be partnering with Panasonic Corp. to begin production of solar cells at a factory in Buffalo, New York, by mid-2017. Panasonic will foot the capital costs, while TSLA has reportedly made a long-term purchase agreement to Panasonic.
- Biogen Inc (NASDAQ:BIIB) is set to pop 3.2% at the open, on news that the U.S. Food and Drug Administration (FDA) approved Ionis Pharmaceuticals Inc's (NASDAQ:IONS) spinal muscular atrophy drug, nusinersen. Nusinersen is the first drug of its kind on the market, and BIIB is taking the leading marketing role, led by its new CEO.
- Lockheed Martin Corporation (NYSE:LMT) is up 0.2% in electronic trading, after CEO Marillyn Hewson reportedly told President-elect Donald Trump that she would work to reduce the costs of LMT's F-35 jet, which Trump critiqued via Twitter last week.
- The S&P CoreLogic Case-Shiller home price index and the Conference Board's consumer confidence survey will be released today, along with the Dallas Fed manufacturing survey.

Overseas Trading
In what was a light day for trading throughout Asia, stocks ended mixed. Finishing higher was South Korea's Kospi, up 0.2%, despite a Bank of Korea survey revealing consumer sentiment is at its worst level in over seven years. Meanwhile, Japan's Nikkei closed a hair above breakeven amid an 11.6% sell-off in Toshiba shares and a raft of economic data. Specifically, the island nation's core consumer price index (CPI) fell more sharply than expected, household spending dipped, and the jobs-to-applicants ratio hit its highest level since 1991. On the negative side of the aisle was China's Shanghai Composite, off 0.2%, despite a 14.5% year-over-year jump in industrial profits. Elsewhere, markets in Hong Kong were shuttered for a public holiday.
With little happening on the data or corporate front, trading is thin throughout Europe, with London's FTSE 100 closed for a public holiday. The German DAX is up 0.1%, even with shares of BMW, Daimler, and Volkswagen down after the automakers sold some of their stakes in the HERE mapping system. France's CAC 40, meanwhile, is 0.2% higher.
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