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Wall Street targets open slightly positively

The Ministry of Labor’s monthly employment report may receive special attention on Friday.

The new Omicroncovid-19 mutant is milder than the previous strain, and the latest view that existing vaccines are effective against the latest strains adds hope to the world.

Asian stocks are traded in a mixed manner, while European stocks are traded higher.

Early signs of the US futures index suggest that Wall Street could open slightly positively.

At 7:20 am ET, Dow futures rose 11.00 points, S & P 500 futures rose 0.25 points and Nasdaq 100 futures rose 6.75 points.

All major US averages ended firmly positive on Thursday. The Dow rose 617.75 points (1.8%) to 34,639.79 and the S & P 500 rose 64.06 points (1.4%) to 4,577.10. Tech-heavy Nasdaq showed a lack of direction early in the session, but closed at 15,381.32, 127.27 points (0.8%).

Economically, the November Labor Ministry employment status will be published at 8:30 EST. Non-farm payrolls are expected to be 545,000 that month, but increased by 531,000 last month. The unemployment rate consensus this month was 4.5%, up 4.6% last month. Private salaries are expected to rise to 525,000, compared with an increase of 604,000.

The PMI Composite Final will be released at 9:45 AM Eastern Standard Time.

The October Department of Commerce factory order will be published at 10 am Eastern Standard Time. The consensus was up 0.5%, up 0.2% last month.

The November ISM Services Index will be published at 10 am Eastern Standard Time. The consensus increased by 65.0, compared with an increase of 66.7 last month.

This week’s Baker Hughes rig count is scheduled for 1:00 pm Eastern Standard Time. Last week, the number of rigs in North America was 740 and the number of rigs in the United States was 569.

Asian stocks reversed their initial losses to close sharply on Friday.

Chinese stocks rose on the day. The benchmark Shanghai Composite Index rose 33.60 points (0.94%) to close at 3,607.43, while the Hang Seng Index in Hong Kong fell 22.24 points to close at 23,766.69.

Japanese stocks rebounded. The Nikkei Stock Average rose 276.20 points (1.0%) to 28,029.57, and the Tokyo Stock Price Index closed 1.63% at 1,957.86.

Australian person market Banks and energy stocks have accelerated the pace of the riser, resulting in a modest rise. The benchmark S & P / ASX 200 index rose 16 points (0.22%) to 7,241.20, while the broader All Ordinaries index rose 7.50 points to 7,543.60.

European stocks are trading higher. Among the major indices in the region, France’s CAC 40 index has risen by 4.99 points (0.07%). Germany’s DAX has added 34.42 points or 0.23 percent, and the UK’s FTSE 100 index has scored 28.66 points or 0.40 percent.

The Swiss market index adds 66.35 points or 0.54 percent.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the euro area, is up 0.069%.

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Wall Street targets open slightly positively

Source link Wall Street targets open slightly positively

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