US stocks set open higher as some of the losses from yesterday retraced

NASDAQ doing the best in premarket trading

The stock futures are implying a higher opening for the major indices after yesterday's sharp declines.  The futures are currently implying:

• Dow industrial average up 335 points after yesterday's -652.22 point decline
  
• S&P index up 57 points after yesterday's -88.25 point decline
  
• NASDAQ index is faring the best with a gain of 215 points after yesterday's -245.14 point decline
  

in other markets:

• Spot gold is up $12 at $1786 after yesterday's up and down price action
  
• Crude oil is trading at $68.45 near mid range levels
  
• Bitcoin is moving higher at $58,525 but remains below the $60,000 level. It is nevertheless off it's low price of $56,700 and trading near the high
  

The US rates are higher but off their highest levels of the day. The two year yield is up 6.7 basis points

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December 02, 2021 at 02:29AM

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