Dow Futures up, S&P 500, Nasdaq slip ahead of New Year. Markets closed on New Year's Day. 10-year Treasury bond yield at 4.11%. Fed likely to keep rates unchanged at 82.8% probability. Stocks such as Target and Sable Offshore in focus.

U.S. stock futures fluctuated on Monday after a slightly lower close on Friday, with major benchmark indices showing mixed futures. Economic data releases will be light this week, and the markets will be closed on New Year's Day. The 10-year Treasury bond yielded 4.11%, while the two-year bond was at 3.47%. Markets are pricing an 82.8% likelihood of the Federal Reserve keeping interest rates unchanged in January. The Dow Jones futures changed by +0.03%, S&P 500 by -0.22%, Nasdaq 100 by -0.42%, and Russell 2000 by +0.04%. SPDR S&P 500 ETF Trust and Invesco QQQ Trust ETF were lower in premarket. Target Corp. shares were up 0.11% after an activist investor, Toms Capital Investment Management, made an investment in Target. Sable Offshore Corp. shares fell 2.34% due to environmental groups filing a lawsuit to block the Trump administration's approval to restart the Las Flores pipeline.