Freedomworks economist Steve Moore has shared his thoughts on the unexpected jump in unemployment claims as coronavirus cases increase and Janet Yellen is appointed Treasury Secretary.
Stock futures surge as traders prepare for short-term holiday session on Friday morning
The Dow Jones Industrial Average futures were up 56 points, or 0.19%, while the S&P 500 and Nasdaq futures were up 0.16% and 0.36%, respectively. Early advances have a tech-heavy Nasdaq to open at an all-time high and both the Dow and S&P are fighting for their own record peaks.
Looking at stocks, stores are focusing as Black Friday shopping takes on a different tone this year due to COVID-19. Retline retailers, meanwhile, are preparing for Cyber Monday, which takes place in three days.
Black Friday 2020: More Americans will buy more SHline online than ever before in stores, claims David
CEO Pascal Soriol told Bloomberg News that the company would probably try a new version of its Covid-19 vaccine, as AstraZeneca plc was moderately lower than the initial bell because some participants received the wrong dose.
Slack Technologies Inc. Shares of Na were heading for a more than 4% decline in the open as traders digested a potential deal with Salesforce.com. Shares of Slake rose 38 percent after news of advanced talks between the two companies on Wednesday.
U.S. equity markets will close at 1 p.m. on the weekend of Thanksgiving holiday. There is no financial data on the lender.
Commodities, West Texas Intermediate crude fell 38 cents to $ 45.33 a barrel and gold fell 50 cents to 1,810.70 an ounce.
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In European markets, France’s CAC 40 traded up 0.48% and Germany’s DX30 traded up 0.29%. Britain’s FTSE 100 fell 0.46% amid uncertainty over Brexit talks.
In Asia, China’s Shanghai Composite Index rose 1.15%, while Japan’s Nikkei 225 and Hang Seng Index rose 0.4% and 0.28%, respectively.
