U.S. stock higher in pre-market trading for,Jan 04.The Dow Futures is trading at 30,670.00 up with +0.57% percent or +173.00 point.
The S&P 500 Futures is trading at 3,769.12 up with +0.54% percent or +20.37 point.The Nasdaq Futures is trading at 12,939.10 up with +0.42% percent or +53.62 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 27,254.39 with a loss of –percent or –189.78 point. Hong Kong’s Hang Seng is trading at 27,422.77 up with +percent or +191.64 point. China’s Shanghai Composite is trading at 3,504.48 up with + percent or +31.41 point. India’s BSE Sensex is trading at 47,933.66 up with +percent or +64.68 point at 12:15 PM.For the day the FTSE 100 closed at 6,460.52 with a loss of –percent or ?95.30 point. France’s CAC 40 closed at 5,551.41 with a loss of – percent or –48.00 point.Germany’s DAX closed at 13,718.78 with a loss of –percent or –42.60 point.
Monday’s Factors and Events
The economist and strategist cites crowded trades amid a struggling economic backdrop for his concerns.
Rosenberg, who served as Merrill Lynch’s top North American economist from 2002 to 2009, is known for his pessimism over the past several years. In 2019, he told investors a recession was virtually unavoidable.
Friday Activity
For the day the Dow is trading at 30,606.48 up with +percent or +196.92 point. The S&P 500 is trading at 3,756.07 with + percent or +24.03 point. The Nasdaq Composite is trading at 12,888.28 up with + percent or +18.28 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,974.86 with a loss of –0.26% percent or -5.14 point; the S&P 600 Small-Cap Index closed at 1,118.93 up with + percent or +0.92 point; the S&P 400 Mid-Cap Index closed at 2,306.62 up with + percent or +3.74 point; the S&P 100 Index closed at 1,720.50 up with + percent or +9.15 point; the Russell 3000 Index closed at 2,248.44 up with +percent or +10.68 point; the Russell 1000 Index closed at 2,120.87 up with +or +11.15 point.