U.S. stock higher in pre-market trading for,May 17.The Dow Futures is trading at 34,060.00 up with +0.36% percent or +122.00 point.The S&P 500 Futures is trading at 4,126.50 up with +0.47% percent or +19.50 point.The Nasdaq Futures is trading at 13,202.20 with +0.78% percent or +102.00 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 27,815.32 with a loss of – percent or –269.15 point. Hong Kong’s Hang Seng is trading at 28,183.93 up with + percent or ++156.36 point. China’s Shanghai  Composite is trading at 3,512.18 up with + percent or +21.80 point. India’s BSE Sensex is trading at 49,212.40 up with percent or +476.59 point at 12:15 PM.For the day the FTSE 100 closed at 7,043.61 up with +percent or +80.28 point. France’s CAC  40 closed at 6,385.14 up with +percent or +96.81 point.Germany’s DAX closed at 15,416.64 up with + percent or +216.96 point.

U.S. telecoms giant AT&T on Monday announced a deal combining its content unit WarnerMedia with Discovery, paving the way for one of Hollywood’s biggest studios to compete with the likes of rival media giants Netflix and Disney.

Under the terms of the agreement, AT&T said it would receive an aggregate amount of $43 billion in a combination of cash, debt and WarnerMedia’s retention of certain debt.

Friday Activity

For the day the Dow is trading at 34,021.45 up with +percent or +229.23 point. The S&P 500 is trading at 4,232.60 up with + percent or +30.98 point. The Nasdaq Composite is trading at 13,752.24 up with + percent or +119.39 point.

Other leading market index closes included the small-cap Russell 2000 Index closed  at 2,170.95 up with +1.68% percent or +35.81 point; the S&P 600 Small-Cap Index closed at 1,325.60 up with  percent or  +31.20 point; the S&P 400 Mid-Cap Index closed at 2,676.40 up with percent or +47.50 point; the S&P 100 Index closed at 1,862.48 up with percent or  +21.06 point; the Russell 3000 Index closed at 2,446.40 up with percent or +28.36 point; the Russell 1000 Index closed at 2,306.15 up with or +25.94 point.

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