US stock futures were muted as the Chicago Mercantile Exchange resumed trading after a data center glitch, with Dow futures up 0.1%, S&P 500 futures up 0.2%, and Nasdaq 100 futures up 0.3%. The CME Group restored operations after a long outage disrupted live trading in futures and options.
Stocks rebounded this week on bets of a December Fed rate cut, but November is set to end on a decline. Analysts predict the future of the market, with Deutsche Bank targeting an S&P 500 of 8,000 by 2026. Trading will close early on Friday with no major releases.
CME Group restarted trading after a data center cooling problem caused a widespread outage, impacting markets worldwide. Futures on the Dow, S&P 500, and Nasdaq 100 were steady, with WTI crude oil and Brent futures edging up. Foreign-exchange platform EBS reopened, but other markets were affected until resolved.
Oracle stock fell premarket as Morgan Stanley raised credit market concerns. Alphabet rose due to AI efforts, while Strategy, a bitcoin holder, saw gains. Gold edged higher for a fourth monthly win, supported by rate-cut hopes. Commodities trading halted due to CME futures outage, impacting liquidity. Oil saw its largest single-month drop in over two years.
Read more at Yahoo Finance: Dow, S&P 500, Nasdaq futures muted as rocky month draws to an end, CME restores trading
