Wall Street Poised To Open In Negative

From Nasdaq Inc.:

Wall Street is expected to open in negative territory today based on early U.S. Futures Index cues. On the economic front, the International Trade in Goods and Services for November will be published at 8.30 AM ET with a projected deficit of $64.8 billion, while the deficit was $64.3 billion in the prior month. Federal Vice Chair Michael Barr will also participate in a ‘Bank Regulation’ moderated discussion with Women in Housing and Finance at noon ET. Asian stocks rose on Tuesday with both Chinese and Japanese markets rallying.

Asian shares finished mostly up, while European shares are trading lower. The Dow futures were down 135.00 points, the S&P 500 futures were declining 18.75 points and the Nasdaq 100 futures were sliding 95.50 points as of 7.25 AM ET. On Monday, the U.S. major averages ended with strong gains, the Dow finished 216.90 points higher, the S&P 500 climbed 66.30 points, and the Nasdaq settled with a gain of 319.70 points. Additionally, an Australian market advanced with the benchmark S&P/ASX 200 index climbing 0.93 percent.



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