Stock futures tick lower as S&P 500 closes out second year in a row with 20% gain

(CNBC) Stock futures were slightly lower ahead of the final trading session of 2024, following another booming year for Wall Street that hoisted the S&P 500 to its second consecutive annual gain exceeding 20%, spurred by enthusiasm for rate cuts, economic strength and artificial intelligence. Futures tied to the Dow Jones Industrial Average were little changed, while S&P 500 futures edged down 0.1%. Nasdaq-100 futures lost nearly 0.1%.

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