Futures suggest that Wall Street opens quite high


Reports on US trade deficits and labor productivity and costs may be Tuesday’s highlights.

Concerns about new and highly popular variants are rising ahead of the Christmas season. Analysts look forward to a gap in the travel and tourism industry.

Asian stocks closed at high prices, while European stocks traded positive.

Early signs of the US futures index suggest that Wall Street could be significantly opened.

As of 7:00 am on the ET, Dow futures rose 335.00 points, S & P 500 futures rose 58.25 points and Nasdaq 100 futures rose 276.25 points.

The US key average ended just below the highs for Monday’s session. The Dow rose 738.06 points or 2.1 percent at 35,318.14, the Nasdaq rose 168.77 points or 1.1 percent at 15,254.24, and the S & P 500 rose 68.27 points or 1.5 percent at 4,606.70.

Economically, the international trade in goods and services in October will be released at 8:30 EST. The consensus is a deficit of $ 66.8 billion compared to a deficit of $ 80.9 billion last month.

The Ministry of Labor’s third quarter productivity and costs will be published at 8:30 EST. The consensus is down 4.9%, down 5.0% in the previous quarter.

Redbook data, a weekly measure of same-store sales at chain stores, discount stores and department stores, is published at 8:05 EST. Store sales increased 16.9% last week.

The three-year treasury note auction will take place at 1:00 pm Eastern Standard Time.

Consumer credits for October will be released at 3:00 pm Eastern Standard Time. The consensus was $ 30 billion, an increase of $ 29.9 billion in September.

Asian stocks rose on Tuesday. Chinese stocks closed at a slightly higher price. The benchmark Shanghai Composite Index rose 5.78 points (0.16%) to 3,595.09, and the Hang Seng Index in Hong Kong rose 2.72% to 23,983.66.

China’s exports increased more than expected in November, data from the General Administration of Customs showed earlier today.

Japanese stocks rose the most in more than a month. The Nikkei Stock Average rose 528.23 points (1.89%) to 28,455.60. The broader Tokyo Stock Price Index closed at 1,989.85, up 2.17 percent.

Australian person market Altitude. The benchmark S & P / ASX 200 index rose 68.80 points (0.95%) to 7,313.90, while the broader All Ordinaries index rose 76.20 points (1.01%) to 7,605.20.

European stocks are trading higher. Among the major indices in the region, France’s CAC 40 index is up 157.90 points, or 2.30 percent. Germany’s DAX has added 324.72 points or 2.10 percent, and the UK’s FTSE 100 index has scored 80.21 points or 1.10 percent.

The Swiss market index adds 87.82 points or 0.70 percent.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the euro area, is up 2.41%.

Contact for comments and feedback: editorial@rttnews.com

Business news

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Futures suggest that Wall Street opens quite high

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