U.S. stock futures higher in pre-market trading for,November 15.The Dow Futures is trading at 27,803.00 up with +0.21% percent or +57.00 point. The S&P 500 Futures is trading at 3,102.88 up with +0.19% percent or +5.88 point.The Nasdaq Futures is trading at 8,288.62 up with +0.28% percent or +23.12 point.
In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 23,303.32 up with +0.70% percent or +161.77 point. Hong Kong’s Hang Seng is trading at 26,308.95 with a loss of –0.056% percent or –14.74 point. China’s Shanghai Composite is trading at 2,891.34 with a loss of –0.64% percent or –18.53 point. India’s BSE Sensex is trading at 40,504.04 up with +0.53% percent or +214.05 point at 12:15 PM.Germany’s DAX is trading at 13,183.81 up with 0.027% percent or +3.58 point. France’s CAC 40 is trading at 5,911.59 up with +0.18% percent or +10.52 point. The Stoxx Europe 600 is trading at 403.74 with a loss of -0.17% percent or –0.67 point.
Friday’s Factors and Events
“Fed officials would be wise not to move too far off the sidelines after cutting rates three times this year because the geopolitical risks and trade tariffs are still weighing on producers who are unable to move their prices up in the current state of weakened demand seen in many industries,” Chris Rupkey, chief economist at MUFG Union bank in California said.
In economic news, U.S. initial claims for unemployment benefits rose 14,000 to 225,000 in the week ended Nov. 9, a nearly five-month high, and above the 215,000 expected by economists surveyed by MarketWatch, but the data may be a seasonal anomaly. Separately, the U.S. October producer-price index rose 0.4% from September, but the 12-month rate of wholesale inflation tapered off to a three-year low 1.1% from 1.4%.
For the day the Dow is trading at 27,781.96 with a loss of –0.0059% percent or –1.63 point. The S&P 500 is trading at 3,096.63 up with +0.084% percent or +2.59 point. The Nasdaq Composite is trading at 8,479.02 with a loss of –0.036% percent or –3.08 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,588.79 with a loss of –0.024% percent or –0.39 point; the S&P 600 Small-Cap Index closed at 977.88 with a loss of -0.18% percent or -1.74 point; the S&P 400 Mid-Cap Index closed at 1,991.46 up with +0.25% percent or +5.00 point; the S&P 100 Index closed at 1,378.34 with a loss of –0.036% percent or -0.50 point; the Russell 3000 Index closed at 1,813.40 up with +0.091% percent or +1.64 point; the Russell 1000 Index closed at 1,710.62 up with +0.098% or +1.68 point.