U.S. stock futures higher  in pre-market trading for , November 02.The Dow Futures is trading at 25,573.00 up with +0.98% percent or +248.00 point. The S&P 500 Futures is trading at 2,758.25  up with +0.74% percent or +20.75 point.The Nasdaq Futures is trading at 7,089.00  up with +0.16% percent or +11.25 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,243.66  up with +2.56% percent or 556.01 point. Hong Kong’s Hang Seng is trading at 26,373.88 up with +3.77% percent or +957.88 point. China’s Shanghai Composite is trading at 2,676.48 up  with +2.70% percent or  +70.24 point. India’s BSE Sensex is trading at 35,028.49 with +1.73% percent or +596.52 point at 12:15 PM.The FTSE 100 is trading at 7,172.63 up with  +0.81% percent or +57.97 point. Germany’s DAX is trading at 11,633.72 up  with  +1.44% percent or +165.18 point. France’s CAC 40 is trading at 5,156.81  up with +1.40%  percent or +71.03  point. The Stoxx Europe 600 is trading at 367.00 up with +1.09% percent or +3.94 point.

Friday’s Factors and Events

U.S. stock index futures pointed to a sharply higher open Friday as investors cheered potential progress on U.S.-China trade relations.

At around 7:29 a.m. ET, Dow Jones Industrial Average futures rose 322 points, indicating a gain of 302.26 points at the open. S&P 500 and Nasdaq 100 futures also pointed to solid gains.

Futures surged after a Bloomberg News report said President Donald Trump asked officials to start drafting a potential trade deal with China

Thursday’s Activity

For the day the Dow is trading at 25,380.74  up with +1.06% percent or  +264.98 point. The S&P 500 is trading at 2,740.37 up with +1.06% percent or +28.63 point. The Nasdaq Composite is trading at 7,434.06 up with +1.75% percent or +128.16  point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,544.98 up with +2.22% percent or +33.57 point; the S&P 600 Small-Cap Index closed at 968.88 up with +1.99% percent or +18.92  point; the S&P 400 Mid-Cap Index closed at 1,861.66  up with +2.00% percent or +36.56 point; the S&P 100 Index closed at 1,219.80  up with +0.91% percent or +10.96 point; the Russell 3000 Index closed at 1,617.48  up with +1.24% percent or +19.76 point; the Russell 1000 Index closed at 1,516.04 up with +1.16% percent or +17.39 point;