U.S. stock futures higher in pre-market trading for,November 27.The Dow Futures is trading at 28,159.50 up with +0.10% percent or +29.50 point.The S&P 500 Futures is trading at 3,149.38 up with +0.18% percent or +5.63 point.The Nasdaq Futures is trading at 8,425.00 up with +0.29% percent or +24.25 point.
In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 23,437.77 up with +0.28% percent or +64.45 point. Hong Kong’s Hang Seng is trading at 26,942.69 up with +0.11% percent or +28.77 point. China’s Shanghai Composite is trading at 2,903.19 with a loss of –0.13% percent or –3.87 point. India’s BSE Sensex is trading at 40,906.23 up with +0.21% percent or +84.93 point at 12:15 PM.Germany’s DAX is trading at 13,270.62 up with +0.26% percent or +34.20 point. France’s CAC 40 is trading at 5,930.94 up with +0.022% percent or +1.32 point. The Stoxx Europe 600 is trading at 409.62 up with +0.28% percent or +1.13 point.
Wednesday’s Factors and Events
“With global central banks pumping liquidity into the system and investors sensing that a trade deal is coming, that could create more upside,” Yousef Abbasi, director of U.S. institutional equities at INTL FCStone, told MarketWatch. “The market is telling us that the status quo is fine — we can live with no deal in 2019 as long as we don’t see any new tariffs and the rhetoric stays on the friendly side.”
Abbasi also said that equity markets’ upward trajectory could be sustained by calendar effects, during a holiday week and heading into the final month of the year. “As you start to get to the period of light volumes and lighter news flow, what tends to happen is that as long as systematically markets are working, they’ll keep up the trend they’ve been on.”
For the day the Dow is trading at 28,121.68 up with +0.20% percent or +55.21 point. The S&P 500 is trading at 3,140.52 up with +0.22% percent or +6.88 point. The Nasdaq Composite is trading at 8,647.93 up with +0.18% percent or +15.44 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,624.23 up with +0.14% percent or +2.33 point; the S&P 600 Small-Cap Index closed at 995.57 with a loss of –0.029% percent or -0.29 point; the S&P 400 Mid-Cap Index closed at 2,018.02 up with +0.41% percent or +8.32 point; the S&P 100 Index closed at 1,397.76 up with +0.20% percent or +2.76 point; the Russell 3000 Index closed at 1,842.18 up with +0.23% percent or +4.27 point; the Russell 1000 Index closed at 1,737.00 up with +0.24% or +4.13 point.