S&P Futures Muted in Thin Post-Christmas Trade

March S&P 500 E-Mini futures (ESH26) are trending down -0.03% this morning as trading resumed after the Christmas holiday, with activity subdued and volumes expected to remain light ahead of a shortened New Year’s week. In Wednesday’s trading session, Wall Street’s three main equity benchmarks closed higher, with the S&P 500 posting a new record high. Nike (NKE) climbed over +4% and was the top percentage gainer on the S&P 500 and Dow after a regulatory filing revealed that Apple CEO Tim Cook purchased 50,000 shares of the footwear maker. Also, some chip stocks advanced, with Micron Technology (MU) rising…