US PRE MARKET
The S&P 500 Futures is trading at 2,660.62 with a loss of -1.52% percent or -41.13 point. Other U.S. stock futures lower in pre-market trading for December 06.The Dow Futures is trading at 24,650.00 with a loss of -1.58% percent or -396.00 point. The Nasdaq Futures is trading at 6,652.00 with a loss of -2.22 percent or -151.25 point.
THURSDAY’S FACTORS AND EVENTS
For the day the Dow is trading at 25,027.07 with a loss of -3.10% percent or -799.36 point. The S&P 500 is trading at 2,700.06 with a loss of -3.24% percent or -90.31 point. The Nasdaq Composite is trading at 7,158.43 with a loss of -3.80% percent or -283.09 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,480.75 with a loss of -4.40% percent or −68.21 point; the S&P 600 Small-Cap Index closed at 925.06 with a loss of -4.61% percent or -44.71 point; the S&P 400 Mid-Cap Index closed at 1,826.62 with a loss of – 3.62% percent or -68.70 point; the S&P 100 Index closed at 1,197.48 with a loss of -3.32% percent or -41.15 point; the Russell 3000 Index closed at 1,589.08 with a loss of -3.34% percent or -54.83 point; the Russell 1000 Index closed at 1,492.29 with a loss of -3.25% percent or -50.16 point;
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,501.62 with a loss of -1.91% percent or -417.71 point. Hong Kong’s Hang Seng is trading at 26,098.07 with a loss of -2.69% percent or -721.61 point. China’s Shanghai Composite is trading at 2,605.18 with a loss of -1.68% percent or -44.62 point. India’s BSE Sensex is trading at 35,556.84 with a loss of -0.90% percent or -322.53 point at 12:15 PM.The FTSE 100 is trading at 6,746.62 with a loss of -2.53% percent or -2.53% point. Germany’s DAX is trading at 10,926.48 with a loss of -2.44% percent or -273.76 point. France’s CAC 40 is trading at 4,826.54 with a loss of -2.38% percent or -117.82 point. The Stoxx Europe 600 is trading at 346.16 with a loss of -2.29% percent or -8.16 point.
The yield on the three-year Treasury note surpassed its five-year counterpart on Monday. When a so-called yield curve inversion happens — short-term yields trading above longer-term rates — a recession could follow, though it is often years away after the signal triggers. Still, many traders believe the inversion won’t be official until the 2-year yield rises above the 10-year yield, which has not happened yet.
WEDNESDAY’S ACTIVITY