The S&P 500 Futures is trading at 3,277.88  up with +0.40% percent or +13.13 point. Other U.S. stock futures higher in pre-market trading for  Jan 13.The Dow Futures is trading at 28,902.50 up with +0.44% percent or +125.50 point.The Nasdaq Futures is trading at 9,024.88 up with +0.52% percent or +46.63 point.


The chances of the bill’s passage looked more certain after prominent holdouts Sens. Steve Daines, Ron Johnson and John McCain voiced support for the legislation. Daines and Johnson became a “yes” after Senate leaders agreed to increase the deduction available for pass-through income. The deduction amount was raised to 23% from 17.4%, according to analysis by The Wall Street Journal. 


For the day the Dow is trading at 28,823.77 with a loss of –0.46% percent or –133.13  point. The S&P 500 is trading at 3,265.35  with a loss of –0.29% percent or -9.35 point. The Nasdaq Composite is trading at 9,178.86 with a loss of –0.27% percent or –24.57 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,657.64 with a loss of -0.44%  percent or -7.34 point; the S&P 600 Small-Cap Index closed at 1,010.84  with a loss of  –0.49% percent or −4.95 point; the S&P 400 Mid-Cap Index closed at 2,051.37 with a loss of -0.32% percent or -6.68   point; the S&P 100 Index closed at 1,462.07  with a loss of -0.30% percent or -4.40 point; the Russell 3000 Index closed at 1,911.28  with a loss of –0.28% percent or -5.43 point; the Russell 1000 Index closed at 1,804.23 with a loss of –0.27% or -4.93 point.

In other parts of world, Japan’s Nikkei 225 is trading at 23,850.57 up with +0.47% percent or +110.70  point. Hong Kong’s Hang Seng is trading at 28,941.51 up with +1.06% percent or +303.31 point. China’s Shanghai Composite is trading at 3,115.57 up with +0.75% percent or +23.28 point. India’s BSE Sensex is trading at 41,888.00 up with +0.69% percent or +288.28 point at 12:15 PM.Germany’s DAX is trading at 13,489.61  up with +0.047% percent or +6.30 point. France’s CAC 40 is trading at 6,055.75  up with +0.31% percent or +18.65 point. The Stoxx Europe 600 is trading at 419.51  up with +0.09% percent or +0.37   point.