Dow Jones futures indicate a higher opening today

On December 31 the Dow Jones could not rebound into the annual close. The index ended the final session of the year at 42,544, albeit with a very modest 29 point fall on the day. The slide from the record high set on December 4 (45,073) had seen the index set a 50 year record downside run of lower daily closes, when it fell to 42,146. The main reason for this significant pullback into the annual close was all about United Health and the slide in that company share price since the murder of its CEO. Previously and for as long as can be remembered, United Health (UNH) has been the biggest stock in the Dow Jones by market cap. Well, since December 4 it is no longer in pole position. It is now ranked number two behind Goldman Sachs. Looking at the daily charts on the Dow, it seems the downside may not be finished with. Only a rebound back above 43,373 is likely yo change that outlook. That said, right now the index is set to open higher for the first live session of the New Year, currently around 42,750