Futures fall, Jeju Air crash, Jimmy Carter’s legacy: 3 things

Stock futures (ES=F, NQ=F, YM=F) are falling in premarket Monday – the last full trading day of 2024 – as Wall Street’s hopes of a Santa Claus rally begin to fade with markets (^DJI , ^IXIC, ^GSPC) is declining in recent trading sessions.

South Korean officials ordered inspections of all Boeing (BA) 737-800 aircraft following a Jeju Air (089590.KS) plane crash that killed 179 people.

Former President Jimmy Carter died Sunday at the age of 100, leaving behind a long political legacy. His government particularly struggled with high inflation, which led to a rise in gas prices and the Iranian hostage crisis.

For more expert insights and analysis on the latest market activity, read the Morning Brief here.

This post was written by Luke Carberry Mogan.