Stock futures were little changed in the quiet holiday session

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US floor futures faltered Monday morning amid quiet holiday trade.

Dow Jones Industrial Average futures traded 5 points, or 0.02%, lower, while S&P 500 futures and Nasdaq futures both traded 0.02% higher.

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Futures markets trade until 1 p.m. EST, but major exchanges are closed for Martin Luther King Jr. Day.

Elsewhere, energy futures came under mild selling pressure after a report from Canada’s CBC News that President-elect Joe Biden is considering revoking approval for the Keystone XL pipeline on his first day in office. The pipeline, delayed by legal troubles, would transport 830,000 barrels per day of crude oil from Alberta, Canada, to Steele City, Neb. West Texas Intermediate crude was up 11 cents at $52.25 a barrel.

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In metals, gold was up 80 cents to $1,830.70 an ounce and silver was up 4.4 cents to $24.91 an ounce.

European markets traded mixed, with Germany’s DAX 30 up 0.14%, while Britain’s FTSE 100 and France’s CAC 40 were down 0.25% and 0.21% respectively.

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In Asia, Japan’s Nikkei 225 fell 0.97%, China’s Shanghai Composite rose 0.97% and Hong Kong’s Hang Seng gained 1.01%.

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