U.S. stock futures are higher in pre-market trading for Friday, December 22.The Dow Futures are trading at 24,804.00 for up with +0.10% percent or +26.00 point.The S&P 500 Futures are trading at 2,690.25 for up with +0.09% percent or +2.50 point.The Nasdaq Futures are trading at 6,495.13 for up with +0.05% percent or +3.37 point.
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 are trading at 22,902.76 for up with +0.16% percent or +36.66 point. Hong Kong’s Hang Seng are trading at 29,523.67 for up with +0.53% percent or +156.61 point. China’s Shanghai Composite are trading at 3,297.06 with a loss of –0.09% percent or –3.00 point. India’s BSE Sensex are trading at 33,940.45 for up with +0.55% percent or +184.50 point at 12:15 PM.The FTSE 100 are trading at 7,608.42 for up with +0.06% percent or +3.85 point. Germany’s DAX are trading at 13,082.60 with a loss of –0.21% percent or –27.14 point. France’s CAC 40 are trading at 5,367.50 with a loss of –0.34% percent or –18.47 point. The Stoxx Europe 600 are trading at 390.40 with -0.07% percent or -0.25 point.
Friday’s Factors and Events
The dollar edged higher on Friday after two days of losses in light trading, lifted by generally positive U.S. data and a tax overhaul plan that could prompt the Federal Reserve to raise interest rates at a faster-than-expected pace.
Still, the U.S. currency was on track to post its worst yearly performance in 14 years. That said, the medium-term outlook for the dollar has turned a little more positive than what many on Wall Street had priced in, with expected rate hikes from the Fed next year and, at the very least, modest benefits from the U.S. tax program.
U.S. market were higher on Thursday. For the day the Dow Jones Industrial Average closed at 24,782.29 for up with +0.23% percent or +55.64 point. The S&P 500 closed at 2,684.57 for up with +0.20% percent or +5.32 point. The Nasdaq Composite closed at 6,965.36 for up with +0.06% percent or +4.40 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,547.11 for up with +0.46% percent or +7.03 point; the S&P 600 Small-Cap Index closed at 942.16 for up with +0.42% percent or +3.96 point; the S&P 400 Mid-Cap Index closed at 1,905.18 for up with +0.27% percent or +5.22 point; the S&P 100 Index closed at 1,190.39 for up with +0.32% percent or +3.82 point; the Russell 3000 Index closed at 1,589.03 for up with +0.23% percent or +3.61 point; the Russell 1000 Index closed at 1,487.23 for up with +0.21% percent or +3.10 point; and the Dow Jones U.S. Select Dividend Index closed at 24,782.29 for up with +0.23% percent or +55.64 point.