U.S. stock higher in pre-market trading for,Jan 08.The Dow Futures is trading at 30,987.00 up with +0.15% percent or +45.00 point.The S&P 500 Futures is trading at 3,801.62 up with +0.16% percent or +6.12 point.The Nasdaq Futures is trading at 12,964.20 up with +0.28% percent or +36.25 point.

Friday’s Factors and Events

Ant Group’s $37 billion IPO was halted after co-founder Jack Ma publicly criticized China’s regulatory system in October, setting off a concerted regulatory crackdown in the country on Alibaba and Ant.

Alibaba’s market value has shrunk by more than a quarter since November after the Ant Group IPO failed. But valued at more than $600 billion, it is still among the biggest 10 companies globally.

Thursday Activity

For the day the Dow is trading at 31,041.13  up with percent or +211.73 point. The S&P 500 is trading at 3,803.79 up with + percent or +55.65 point. The Nasdaq Composite is trading at 13,067.48 up with + percent or +326.69 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 2,096.89 up with +1.89% percent or 38.96 point; the S&P 600 Small-Cap Index closed at 1,199.81 up with + percent or  +14.79 point; the S&P 400 Mid-Cap Index closed at 2,421.07 up with + percent or +28.11 point; the S&P 100 Index closed at 1,734.79 up with + percent or  +28.04 point; the Russell 3000 Index closed at 2,288.44 up with percent or +36.09 point; the Russell 1000 Index closed at 2,152.15 up with +or +33.50 point.

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