Stock futures ticked higher on Friday morning as traders shortened the holiday.
The Dow Jones Industrial Average Futures traded up 56 points or 0.19%, while the S&P 500 and Nasdaq futures were up 0.16% and 0.36%, respectively. The early advance has the Tech-Heavy Nasdaq track to open at an all-time high and both the Dow and S&P 500 are fighting for their own record peaks.
Looking at the stock, stores are in focus as Black Friday shopping is in a different tone due to COVID-19 this year. Meanwhile, online retailers are gearing up for Cyber Monday, which takes place over three days.
Black Friday 2020: Online shopping can be done in store for Police Club anytime, anytime, anytime before.
CEO Pascal Sorriot told Bloomberg News that while AstraZeneca plc was marginally lower than the opening bell, the company would likely conduct a new trial of its COVID-19 vaccine because some participants received the wrong dose.
Shares of Slack Technologies Inc. were pointing to a more than 4% drop in the open as traders digested a potential deal with Salesforce.com Inc. Slack shares rose 38% on Wednesday following news of advanced talks between the two companies.
The US equity market will close at 1 pm ET in observance of Thanksgiving Holiday Weekend. There is no economic data on the calendar.
Looking at commodities, West Texas Intermediate crude fell 38 cents to $ 45.33 a barrel, while gold slipped 50 cents to $ 1,810.70 an ounce.
Click Here To Get Fox Trade On The Go
European markets were up 0.48% with France’s CAC 40 and Germany’s DX30 gaining 0.29%. Britain’s FTSE 100 fell 0.46% amid uncertainty over Brexit negotiations.
In Asia, China’s Shanghai Composite Index gained 1.15%, while Japan’s Nikkei 225 and Hang Seng Index advanced 0.4% and 0.28%, respectively.