The U.S. Dollar Index is trading at 97.52 up with +0.43% percent or +0.41 point. The Dow Futures is trading at 24,352.00 with a loss of -0.89% percent or -219.00 point. The S&P 500 Futures is trading at 2,622.12 with a loss of -0.88% percent or -23.38 point. The Nasdaq Futures is trading at 6,682.00 with a loss of -1.04% percent or -72.75 point.
TODAY’S FACTORS AND EVENTS
Oil prices fell on Friday as investors cashed in gains of more than 2 percent made during the previous session on concerns demand may slump amid slowing economic growth, though there are still expectations for producer supply cuts to support prices.
China, the world’s second-largest economy and the largest crude importer, on Friday reported some of the slowest retail sales and industrial output growth in years for November, highlighting the risks of the country’s trade dispute with the United States.
Oil refinery throughput in November in China fell from October, which was the second-highest month on record, suggesting an easing in Chinese oil demand, though runs were 2.9 percent higher than a year earlier.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 24,597.38 up with +0.29% percent or +70.11 point. The S&P 500 is trading at 2,650.54 with a loss of -0.020% percent or -0.53 point. The Nasdaq Composite is trading at 7,070.33 with a loss of -0.39% percent or -27.98 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,432.70 with a loss of -1.55% percent or -22.62 point; the S&P 600 Small-Cap Index closed at 892.11 with a loss of -1.64% percent or -14.87 point; the S&P 400 Mid-Cap Index closed at 1,758.62 with a loss of -1.05% percent or -18.63 point; the S&P 100 Index closed at 1,178.25 up with +0.19% percent or +2.23 point; the Russell 3000 Index closed at 1,556.78 with a loss of -0.21% percent or -3.27 point; the Russell 1000 Index closed at 1,463.35 with a loss of -0.11% percent or 1.56 point;