U.S. stock futures are higher in pre-market trading for Friday, January 12.The Dow Futures are trading at 25,649.00 for up with +0.37% percent or +94.00 point. The S&P 500 Futures are trading at 2,775.00 for up with +0.20% percent or +5.50 point.The Nasdaq Futures are trading at 6,736.25 for up with +0.14% percent or +8.75 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 23,653.82 with a loss of -0.24% percent or -56.61 point. Hong Kong’s Hang Seng are trading at 31,352.64 for up with +0.75% percent or +232.25 point. China’s Shanghai Composite are trading at 3,428.94 for up with +0.10% percent or +3.60 point. India’s BSE Sensex are trading at 34,464.26 with a loss of -0.11% percent or -39.23 point at 12:15 PM.The FTSE 100 are trading at 7,775.57 with for up +0.16% percent or +12.63 point. Germany’s DAX are trading at 13,212.01 for up with +0.07% percent or +9.11 point. France’s CAC 40 are trading at 5,492.45 for up with +0.07% percent or +3.91 point. The Stoxx Europe 600 are trading at 0.03% for up with +0.12 percent or +0.15 point.
Friday’s Factors and Events
The major averages rebounded from losses posted in the previous session.The S&P 500 and Nasdaq snapped a six-day winning streak on Friday. Investors fretted over the possibility of China halting its Treasury bond purchases and the U.S. pulling out of NAFTA.
“Ever since last summer, we’ve really struggled to have a meaningful pullback,” said Andy Kapyrin, director of research at RegentAtlantic. Kapyrin also said there is optimism about the global synchronous economic recovery and the upcoming earnings season.
U.S. market were higher on Thursday. For the day the Dow Jones Industrial Average closed at 25,574.73 for up with +0.81% percent or +205.60 point. The S&P 500 closed at 2,767.56 for up with +0.70% percent or +19.33 point. The Nasdaq Composite closed at 7,211.78 for up with +0.81% percent or +58.21 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,586.79 for up with +1.73% percent or +26.99 point; the S&P 600 Small-Cap Index closed at 965.61 for up with +1.82% percent or +17.28 point; the S&P 400 Mid-Cap Index closed at 22.74 for up with +1.43% percent or +0.32 point; the S&P 100 Index closed at 1,225.82 for up with +0.65% percent or +7.87 point; the Russell 3000 Index closed at 1,637.38 for up with +0.83%percent or +13.42 point; the Russell 1000 Index closed at 1,533.06 for up with +0.75% percent or +11.46 point; and the Dow Jones U.S. Select Dividend Index closed at 25,574.73 for up with +0.81% percent or +205.60 point.