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Market Ahead, December 24: All you need to know before the opening bell

Mrs Bectors Food shares will debut on the bourses today. The IPO with 198 times bid is the most subscribed issue of CY 2020

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In overnight trade, the S&P 500 and Dow Jones closed higher as an expected stimulus deal and falling jobless claims prompted investors to bet on economic recovery. However, the tech-heavy Nasdaq ended slightly lower. Dow Jones Industrial Average rose 0.38 per cent, the S&P 500 gained 0.07 per cent and the Nasdaq Composite dropped 0.29 per cent. A raft of mixed US economic data showed lower jobless claims and an uptick in new orders for durable goods, but also a pullback in consumer spending. Britain and the European Union appeared close to clinching a long-elusive trade ...