Premarket S&P 500, Dow, Nasdaq Futures Point for Flat Start

S&P 500 futures hit new all-time high adding 0.1% at 3,199 the day after the House of Representatives vote to impeach President Donald Trump. Investors focus now is on the data coming out later. Initial jobless claims data, Existing home sales for the November while the Conference Board will provide its monthly report of the leading indicators.

The S&P 500 futures are 0.01% higher at 8,620, the Nasdaq futures trading flat at 8,620, while the Dow Jones futures is 0.09% higher at 28,307.

European Shares Mixed

European indices trading mixed, the FTSE 100 in London is 0.24% higher at 7,558 after the Bank of England kept rates unchanged. The UK Retail Sales (month over month) came in at -0.6%, below forecasts of 0.3% in November. The yearly reading of Retail Sales came in at 1% also below the estimates of 2.1%. The United Kingdom Retail Sales ex-fuel registered at -0.6% below forecasts of 0.3%. The CAC 40 is 0.08% lower at 5,955. The DAX index is 0.33% lower at 13,178.

Equities in Asia ended mostly lower. The Nikkei ended 0.29 lower at 23,864. Hang Seng in Hong Kong finished 0.30% lower at 27,800. The Singapore Straits Times Index finished 0.07% lower at 3,207.

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High Volumes High Volatility in Cryptocurrencies

The trading volume in cryptocurrencies is above average as the volatility increases. Bitcoin trades lower at $7,183 as the strong rebound now targets $7,453.  ETHUSD is under selling pressure amid the PlusToken scandal. Litecoin (LTCUSD) trades 2.01% lower at $39.95 mirroring BTC and ETH.

US Dollar is slightly higher today at 97.42. GBPUSD trades 0.05% lower at 1.3074 after the BoE kept interest rates unchanged. EURUSD trades 0.01% higher at 1.1114, while AUDUSD trades 0.22% higher at 0.6867. The NZDUSD trades 0.15% lower at 0.6578.

In commodities, gold prices slide despite US President Donald Trump’s impeachment. Crude oil prices surge to three-month highs above $61.00.

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