Toyota shares soared Thursday after Nikkei reported the company aims to double its return on equity target to 20%, citing an unnamed executive.

U.S.-traded shares of Toyota Motor surged Thursday following a report from Nikkei that the carmaker is aiming for a 20% return on equity.

Toyota Motor Corp. surged nearly 9% in Thursday’s premarket trading on the NYSE, driven by reports of the company’s ambitious plan to double its return on equity (ROE) target to 20% by March 2025. If gains hold,

Shares are lower in Tokyo and Shanghai, two of only a handful of world markets open on Christmas day. Oil prices rose.

The U.S. stock markets are back open for business the day after Christmas, but there's another holiday coming up. Here's what to know.

Traders will get some time off from the stock market on Christmas Day, while equity index futures and the trading of metals and energy futures on Comex and the New York Mercantile Exchange will also be closed.