U.S. stock futures retreated on Sunday, as investors took profits after markets rallied last week to close out a volatile November.
After slight initial gains, Dow Jones Industrial Average futures YM00 were last down 132 points, or 0.3%, while S&P 500 futures declined 0.5% and Nasdaq-100 futures sank 0.6%.
Wall Street ended higher on Friday in thin trading volume during a shortened session after Thanksgiving, driven by recovery in tech stocks.
The Dow Jones Industrial Average gained 0.61%, to 47,716.42, while the S&P 500 rallied 0.54%, to 6,849.09. The Nasdaq Composite closed 0.65%, higher at 23,365.69. For the week, the S&P 500 gained 3.73%, the Nasdaq jumped 4.91%, and the Dow Jones surged 3.18%.
Asian markets traded mixed today ahead of fresh manufacturing data from China. Japan’s Nikkei 225 index declined 1.3%, and the Topix fell 0.72%. South Korea’s Kospi index dropped 0.66%, while the Kosdaq gained 1.29%. Hong Kong’s Hang Seng Index futures indicated a higher opening.
Meanwhile, Gift Nifty was trading around 26,510 level, a premium of nearly 123 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.
#stockmarketupdates #sensex #nifty #dalalstreetaction #globalmarkets #globalmarketupdates #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish paul skenes #sharemarkettoday
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