S&P 500 futures are up 1 point and are trading roughly in line with fair value. The Nasdaq 100 futures are up 20 points and are trading 0.2% above fair value. The Dow Jones Industrial Average futures are up 1 point and are trading slightly below fair value.
Equity indices in the Asia-Pacific region ended the midweek session on a mostly higher note. China's Manufacturing and Non-Manufacturing PMIs fell deeper into contractionary territory in November. The Japanese government will reportedly pay for its planned increase in defense spending by tapping into a fund designated for FX intervention. South Korea's Industrial Production weakened at its fastest m/m pace since May in the November reading.
In economic data: China's November Manufacturing PMI 48.0 (expected 49.0; last 49.2) and November Non-Manufacturing PMI 46.7 (expected 48.0; last 48.7) Japan's October Industrial Production -2.6% m/m (expected -1.5%; last -1.7%). October Housing Starts -1.8% yr/yr (expected -1.3%; last 1.1%) and Construction Orders 7.9% yr/yr (last 36.6%) South Korea's October Industrial Production -3.5% m/m (expected -1.0%; last -1.9%); -1.1% yr/yr (expected 0.0%; last 0.7%). October Retail Sales -0.2% m/m (last -1.9%) Australia's October CPI 6.9% yr/yr (expected 7.4%; last 7.3%). October Private Sector Credit 0.6% m/m, as expected (last 0.7%), October Building Approvals -6.0% m/m (expected -1.8%; last -8.1%) and Q3 Construction Work Done 2.2% qtr/qtr (expected 1.5%; last -3.8%) New Zealand's October Building Consents -10.7% m/m (last 3.6%). November ANZ Business Confidence -57.1 (last -42.
News 
Market Data 
Discover 
AI
