US PRE MARKET
The S&P 500 Futures are trading at 2,659.75 for up with +0.60% percent or +15.75 point. Other U.S. stock futures are higher in pre-market trading for Monday, December 04. The Dow Futures are trading at 24,448.50 for up with of +0.87% percent or +210.50 point. The Nasdaq Futures are trading at 6,376.13 for up with +0.47% percent or +29.88 point.
MONDAY’S FACTORS AND EVENTS
U.S. government debt prices were lower on Monday, as investors continued to digest the news that the U.S. Senate had narrowly passed a major tax bill over the weekend.
The yield on the benchmark 10-year Treasury note sat higher at around 2.390 percent at 4:20 a.m. ET, while the yield on the 30-year Treasury bond was up at 2.788 percent. Bond yields move inversely to prices.
In the early hours of Saturday morning, Senate Republicans managed to narrowly pass a bill to revamp the country’s tax system. The final vote came out as 51-49 in favor, after Republicans had to rework the bill late on Thursday.
U.S. market were lower on Friday. For the day the Dow Jones Industrial Average closed at 24,231.59 with a loss of –0.17% percent or –40.76 point. The S&P 500 closed at 2,642.22 with a loss of –0.20% percent or –5.36 point. The Nasdaq Composite closed at 6,847.59 with a loss of –0.38% percent or –26.39 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,537.02 with a loss of -0.46% percent or -7.12 point; the S&P 600 Small-Cap Index closed at 937.31 with a loss of –0.60% percent or -5.63 point; the S&P 400 Mid-Cap Index closed at 1,894.58 with a loss of -0.24% percent or -4.60 point; the S&P 100 Index closed at 1,166.19 with a loss of -0.14% percent or -1.60 point; the Russell 3000 Index closed at 1,565.88 with a loss of –0.21% percent or –3.34 point; the Russell 1000 Index closed at 1,464.59 with a loss of –0.19% percent or –2.83 point; and the Dow Jones U.S. Select Dividend Index closed at 24,231.59 with a loss of –0.17% percent or –40.76 point.
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 are trading at 22,707.16 with a loss of –0.49% percent or –111.87 point. Hong Kong’s Hang Seng are trading at 29,138.28 for up with +0.22% percent or +64.04 point. China’s Shanghai Composite are trading at 3,309.62 with a loss of –0.24% percent or –8.00 point. India’s BSE Sensex are trading at 32,864.61 for up with +0.10% percent or +31.67 point at 12:15 PM.The FTSE 100 are trading at 7,337.44 with for up +0.51% percent or +36.95 point. Germany’s DAX are trading at 13,016.60 for up with +1.21% percent or +155.31 point. France’s CAC 40 are trading at 5,367.90 for up with +0.96% percent or +51.02point. The Stoxx Europe 600 are trading at 387.18 for up with +0.83% percent or +3.20 point.