Pre-market futures positive with major indexes up, bond yields slightly elevated

From Nasdaq: 2025-01-03 10:50:00

Pre-market futures are positive, with the Dow up 120 points, Nasdaq up 80, and S&P 500 up 15. Bond yield spreads are slightly elevated, with the 10-year at +4.54% and 2-year at +4.23%. Expectations are that the ISM Manufacturing PMI for December will cool to +48.0% from November’s +48.4%. Tesla missed delivery expectations for December. Rivian reported 14,183 deliveries for the month, up 6% in shares. Next week, keep an eye on the Jobs Week reports, including the non-farm payroll report on Friday. Director of Research Sheraz Mian names a top stock pick with explosive upside targeting millennial and Gen Z audiences.



Read more at Nasdaq: Pre-Markets in the Green on Last Day of the Week