U.S. stock futures higher in pre-market trading for,November 22.The Dow Futures is trading at 27,792.00 up with +0.16% percent or +44.00 point.The S&P 500 Futures is trading at 3,108.88 up with +0.16% percent or +4.88 point. The Nasdaq Futures is trading at 8,296.12 up with +0.26% percent or +21.62 point.
In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 23,112.88 up with +0.32% percent or +74.30 point. Hong Kong’s Hang Seng is trading at 26,534.26 up with +0.25% percent or +67.38 point. China’s Shanghai Composite is trading at 2,885.11 with a loss of –0.64% percent or –18.53 point. India’s BSE Sensex is trading at 40,357.00 with a loss of –0.54% percent or –218.17 point at 12:15 PM.Germany’s DAX is trading at 13,128.05 with a loss of –0.073% percent or –9.65 point. France’s CAC 40 is trading at 5,890.87 UP with +0.16% percent or +9.66 point. The Stoxx Europe 600 is trading at 403.61 up with +0.35% percent or +0.35% point.
Friday’s Factors and Events
The bank does admit that it will take a while for yields to rise. “We think the message from history is that bond yields will start rising when the market prices meaningful odds of rate increases, and that point still seems far off. Fed officials have signaled that they would like to be done with cutting but that the hurdle for hiking again is high. So, although we are cautiously optimistic on the global economy, we forecast only moderately higher 10-year Treasury yields next year, targeting a rebound to 2.25%, mostly skewed toward the second half of 2020,” the company says.
For the day the Dow is trading at 27,766.29 with a loss of –0.20% percent or –54.80 point. The S&P 500 is trading at 3,103.54 with a loss of –0.16% percent or –4.92 point. The Nasdaq Composite is trading at 8,506.21 with a loss of –0.24% percent or –20.52 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,583.96 with a loss of –0.48% percent or -7.65 point; the S&P 600 Small-Cap Index closed at 969.46 with a loss of –0.47% percent or -4.57 point; the S&P 400 Mid-Cap Index closed at 1,980.44 with a loss of –0.69% percent or -13.73 point; the S&P 100 Index closed at 1,381.29 with a loss of –0.052% percent or -0.72 point; the Russell 3000 Index closed at 1,817.88 with a loss of –0.21% percent or -3.87 point; the Russell 1000 Index closed at 1,715.50 with a loss of –0.19% or -3.33 point.