IlluMyFi

Stock futures were flat in overnight trading Sunday evening ahead of the last few trading sessions of 2024.Futures tied to the Dow Jones Industrial Average were flat, while S&P 500 futures edged up 0.04%. Nasdaq-100 futures rose 0.1%.The major averages are heading into the yearend shy of record levels, with the S&P 500 and Dow up more than 25% and 14%, respectively, and on track for the best year since 2021. The Nasdaq has gained more than 31%.The benchmarks are also headed for a winning fourth quarter, with the Nasdaq on pace for its longest quarterly winning streaking since the second quarter of 2021.Despite a losing session for all the major averages on Friday, investors are hoping that stocks will continue to rise into the year-end and the new year, and trigger what’s known as a Santa Claus Rally. The phenomenon refers to the market rising into the final five trading days of a calendar year and the first two in January. The S&P 500 has returned 1.3% on average during this period since 1950, according to LPL Financial. This week ushers in a light period for economic data, with the market closed Wednesday in observance of New Years Day. Chicago PMI and pending homes sales data are due out Monday.

Sentiment

0.09

Bearish/Bullish

07.01.25 12:17

by nbcphiladelphia.com

BMW to install new ‘panoramic' display in all vehicles

BMW revealed its new Panoramic iDrive system, including windshield-length display, and BMW Operating System X during the CES tech show. The automaker said it will begin installing the features on all its new vehicles by the end of 2025. LAS VEGAS — BMW AG will install a new operating system and “panoramic” display in all of its upcoming vehicles, the company said Tuesday.The new BMW Panoramic iDrive system, which has a windshield-length display, is powered by the BMW Operating System X, the German automaker announced during the CES technology show. The features will begin rolling out before the end of the year, it said.The new display appears across the bottom of the windshield, an emerging trend in the automotive industry. The goal is to give drivers more information but allow them to keep their eyes on the road.“With this advance, we are giving one of the world’s best and most comprehensive infotainment systems even greater capability and once again setting the industry benchmark in multimodal interaction,” Frank Weber, who leads BMW’s vehicle development, said in a press release.The display appears similar to that of Ford Motor’s Lincoln brand, including in an SUV called the Nautilus that launched in 2024.The new BMW system also has a “multifunction steering wheel” that illuminates relevant buttons depending on how the vehicle is being used, BMW said.The system will begin rolling out internationally first, followed by the U.S. debut scheduled for mid-2026.