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Friday, November 29, 2013

U.S. stock futures: Dow +0.3%. S&P +0.2%. Nasdaq +0.5% - 11/29/13

World shares head higher
  • Global stocks are mostly higher, although there are some weak spots, as investors digest a raft of economic data and mixed ratings decisions from S&P.
  • Japan's Nikkkei closed -0.4% following figures that showed inflation increased but industrial output missed expectations. Still, the Nikkei enjoyed its best November since 2005.
  • Australia's S&P/ASX 200 dropped 0.3% after the government rejected ADM's acquisition of GrainCorp.
  • European shares are mainly up, possibly supported by unemployment and inflation data heading in the right direction. Spain is +0.5% after S&P upgraded the country's outlook to stable, while Holland is +0.1% despite losing its AAA rating.
  • Hong Kong +0.4%, China +0.05%, India +1.25%.
  • EU Stoxx 50 +0.1%, London +0.3%, Paris +0.1%, Frankfurt +0.1%, Milan -0.1%.
  • U.S. stock futures: Dow +0.3%. S&P +0.2%. Nasdaq +0.5%
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