US PRE MARKET
The S&P 500 Futures are trading at 2,637.12 for up with +0.33% percent or +8.75 point. Other U.S. stock futures are mixed in pre-market trading for Friday, December 01. The Dow Futures are trading at 24,215.00 with a loss of -0.24% percent or -63.50 point. The Nasdaq Futures are trading at 6,327.62 with a loss of -0.65% percent or -41.38 point.
FRIDAY’S FACTORS AND EVENTS
U.S. government debt prices were sharply higher Friday, as investors get ready for speeches by leading members of the U.S. Federal Reserve, while keeping abreast of the tax reform situation.
The yield on the benchmark 10-year Treasury note sat lower at around 2.384 percent at 5:25 a.m. ET, while the yield on the 30-year Treasury bond was down at 2.794 percent. Bond yields move inversely to prices.
In the latest surrounding the topic, Senate Republicans delayed voting on their tax bill on Thursday, as a setback concerning a fiscal “trigger” forced them to patch up the plan only hours before a planned final vote. Consequently, Senate Majority Leader Mitch McConnell said that senators would revise the legislation, with the group eyeing a vote to take place Friday.
U.S. market were higher on Thursday. For the day the Dow Jones Industrial Average closed at 24,272.35 for up with +1.39% percent or +331.67 point. The S&P 500 closed at 2,647.58 for up with +0.82% percent or +21.51 point. The Nasdaq Composite closed at 6,873.97 for up with +0.73% percent or +49.58 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,544.14 for up with +0.12% percent or +1.84 point; the S&P 600 Small-Cap Index closed at 942.94 with a loss of –0.12% percent or –1.16 point; the S&P 400 Mid-Cap Index closed at 1,899.18 for up with +0.54% percent or +10.28 point; the S&P 100 Index closed at 1,167.79 for up with +0.82% percent or +9.54 point; the Russell 3000 Index closed at 1,569.22 for up with +0.74% percent or +11.52 point; the Russell 1000 Index closed at 1,467.42 for up with +0.79% percent or +11.52 point; and the Dow Jones U.S. Select Dividend Index closed at 24,272.35 for up with +1.39% percent or +331.67 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 22,819.03 for up with +0.41% percent or +94.07 point. Hong Kong’s Hang Seng are trading at Hang Seng with a loss of –0.12% percent or –36.35 point. China’s Shanghai Composite are trading at 3,317.62 for up with +0.01% percent or +0.43 point. India’s BSE Sensex are trading at 33,115.61 with a loss of –0.10% percent or –33.74 point at 12:15 PM.The FTSE 100 are trading at 7,303.99 with a loss of –0.31% percent or –22.68 point. Germany’s DAX are trading at 12,876.55 with a loss of –1.13% percent or –147.43 point. France’s CAC 40 are trading at 5,319.12 with a loss of –1.00% percent or –53.66 point. The Stoxx Europe 600 are trading at 384.15 with a loss of -0.66% percent or -2.52 point.