US STOCKS-Wall St set to open flat as holiday lull sets in [Reuters]
CELGENE (CELG)
Last celgene earnings: 10/31 07:30 am
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Source: Reuters
US STOCKS-Wall St set to open flat as holiday lull sets in | Reuters Reuters Staff 4 Min Read * Core PCE price index rises 1.5 pct year on year * Nike down after flagging weakness in N. America sales * Celgene falls after follicular lymphoma regimen fails trial * Futures: S&P up 0.5 pts, Nasdaq off 0.5 pts, Dow up 3 pts (Adds comment, details on inflation data, updates prices) By Sruthi Shankar Dec 22 (Reuters) - Wall Street was poised to open little changed in what could be a quiet session on Friday as investors prepare for the Christmas holiday. The week’s highlight was a historic overhaul of the U.S. tax code, which is expected to benefit corporates due to a significant cut in the amount levied on businesses, hopes of which have sparked a rally in shares this year. Investors were also relieved after the U.S. Congress averted a government shutdown on Thursday just one day before federal funding was due to expire. “We’re in a bullish phase and investors have things to feel good about
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