US Stock Futures Flat to Slightly Higher in Light Trading After Rally

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U.S. stock futures were only slightly higher in pre-market trade on Friday after a week of strong gains - albeit amid lighter than usual trading around the holidays. The S&P 500 and Dow Jones Industrial Average both closed at record highs yesterday.

With no major data due out today, investors were looking for cues elsewhere. In equities, aircraft manufacturer Textron ( TXT ) said it will buy Beech Holdings - the maker of business, special mission, light attack and trainer aircraft - for $1.4 billion in cash. TXT traded up nearly 5% before the bell.

WPCS International ( WPCS ) surged over 72% after launching a public beta version of its trading platform for Bitcoin trader with access to market data and order execution on the five most popular Bitcoin exchanges in one application.

Meanwhile, after rallying since the IPO, Macquarie downgraded Twitter ( TWTR ) to underperform. It slipped over 3% before the market open.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: TXT , WPCS

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