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Black Friday Is Green So Far

EQUITIES

U.S. stocks are pointing higher on Black Friday as trade resumes from the Thanksgiving holiday (albeit a half-session today). Our tech analyst points out a bullish technical setup for S&P eminis, with key resistance at 3668.00.

  • Asian stocks closed the week on a high note, with Japan's NIKKEI up 107.4 pts or +0.4% at 26644.71 and the TOPIX up 8.27 pts or +0.47% at 1786.52. China's SHANGHAI closed up 38.574 pts or +1.14% at 3408.307 and the HANG SENG ended 75.23 pts higher or +0.28% at 26894.68.
  • European equities are mixed, with the German Dax up 20.81 pts or +0.16% at 13314.72, FTSE 100 down 43.62 pts or -0.69% at 6306.58, CAC 40 up 16.34 pts or +0.29% at 5575.24 and Euro Stoxx 50 up 7.54 pts or +0.21% at 3520.19.
  • U.S. futures are slightly higher, with the Dow Jones mini up 58 pts or +0.19% at 29886, S&P 500 mini up 6.5 pts or +0.18% at 3633.75, NASDAQ mini up 37.75 pts or +0.31% at 12190.25.

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