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Wall Street Remains Cautious

Friday,   07-Dec-2018   04:53 PM (IST)

A holiday rally seems unlikely for Wall Street, as trade concerns and a fall in oil prices pushed futures lower.Wall street looked set to open lower, with the S&P 500 futures down 0.31% while Dow futures lost 0.33% and tech heavy Nasdaq 100 futures decreased 0.37%.The Dow and S&P 500 ended in the red on Thursday, nearly erasing yearly gains.Trading in Europe was higher, with the DAX, FTSE 100 and CAC 40 all in the green.Meanwhile in Asia, stocks were mixed at the close. In Hong Kong, the Hang Seng fell 0.35% and the China A50 Index decreased 0.10%. The Shanghai Composite inched up 0.03% while in Japan, the TOPIX rose 0.61% and the Nikkei 225 gained 0.82%.