U.S. stock futures are higher premarket on the last trading day of the year despite the...

|By:, SA News Editor

U.S. stock futures are higher premarket on the last trading day of the year despite the inability of Washington to agree to a deal on the fiscal cliff. The calm reaction of the markets could suggest investors believe that today's cliff deadline is not really so critical after all and that a deal in a week or two will be just as good. Dow +0.2%, S&P +0.4%, Nasdaq +0.1%.