Investing.com investing.com 24 Dec, 2020 14:00 am

Futures rise in pre-Christmas trade; Alibaba falls on China probe By Reuters

Futures rise in pre-Christmas trade; Alibaba falls on China probe By Reuters
Futures rise in pre-Christmas trade; Alibaba falls on China probe

stockpiles and hints of an imminent Brexit deal underpinned oil prices.[O/R] European stocks end on high note with Brexit deal in sight p By Susan Mathew and Supriya R (Reuters) - European shares rose for a third straight session on Thursday with a Brexit trade deal finally in sight just a week before Britain cuts.Brexit deal anticipation fuels stocks and sterling p By Tommy Wilkes LONDON (Reuters) - Stocks rallied and the British pound gained on Thursday as Britain and the European Union closed in on a free trade deal and investors wagered.Investors also cheered reports that Britain and the European Union were on the cusp of striking a narrow Brexit trade deal.

stock index futures rose on Thursday ahead of a shortened trading session on hopes of a gradual economic rebound, while Alibaba (NYSE: BABA ) slumped after China launched an antitrust investigation into the e-commerce giant.3% after China launched an antitrust investigation into the commerce major as part of an accelerating crackdown on anticompetitive behavior.

Read full story at investing.com