U.S. stock higher in pre-market trading for,Dec 04.The Dow Futures is trading at 30,054.00 up with +0.41% percent or +122.00 point.The S&P 500 Futures is trading at 3,674.88 up with +0.28% percent or +10.38 point.The Nasdaq Futures is trading at 12,502.40 with +0.32% percent or +40.13 point.

Friday’s Factors and Events

Luminar, which creates lidar technology critical to many automakers’ autonomous driving efforts, is going public on Thursday through a special purpose acquisition company (SPAC) and the deal will make Luminar co-founder and CEO Austin Russell a billionaire — at the age of 25.

Russell, who founded the company as a 17-year-old high school student, said the feeling of becoming a billionaire (on paper, at least) is “absolutely incredible” and “totally surreal.”

Thursday Activity

For the day the Dow is trading at 29,969.52 up with +percent or +85.73 point. The S&P 500 is trading at 3,666.72 with a loss of – percent or  point. The Nasdaq Composite is trading at 12,377.18 up with + percent or  +27.82 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,848.70 up with +0.58% percent or +10.67 point; the S&P 600 Small-Cap Index closed at 1,059.03 up with + percent or point; the S&P 400 Mid-Cap Index closed at 2,203.48 up with + percent or +11.61 point; the S&P 100 Index closed at 1,682.24 with a loss of – percent or  ?2.78 point; the Russell 3000 Index closed at 2,181.57 up with +percent or +2.45 point; the Russell 1000 Index closed at 2,062.73 up with +or +1.68 point.

 

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