This morning, 12/30/08, the Dow Jones and Stock Market Futures are up nicely as GMAC has received a 5 billion Tarp bailout for preferred shares that pay an 8% dividend. GMAC is the ailing financial arm of General Motors ( GM ). This is great news but we still won't have volume hitting the market until next week. Oil is back below $40 today, trading at $39.11
Stock Market Futures - Pre Market - December 30, 2008
Dow Jones Futures - Up 72
Nasdaq Futures - Up 9
S&P 500 Futures - Up 9
Today's Biggest Gainers
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