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 November 30, 2015 - 9:53 AM EST
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Cyber Monday Finds Futures Flat

U.S. stock futures are flat on Cyber Monday.

Ahead of the opening bell, futures for the Dow Jones hiked 41 points, or 0.2%, to 17,842, futures for the S&P 500 gained 4.25 points, or 0.2%, to 2,094.25, and futures for the NASDAQ took on 16.5 points, or 0.4%, to 4,699.

Cyber Monday is giving a lift to some retailers. Amazon is rising 0.4% pre-market, and Gap is up 0.3%. Paypal is up 0.7%.

BHP Billiton is down 4.5% in London. The Brazilian government said it intends to sue the mining giant for $5.2 billion U.S. over the collapse of a dam in Minas Gerais state earlier this month.

New York-listed Chinese classified advertising website 58.com and the mobile game publishing company iDreamSky Technology Ltd. will report before the opening bell. Internet service provider NQ Mobile, Shoe Carnival Inc, and Thor Industries will follow after the close.

The U.S. Pending Home Sales report comes out at 10 a.m. ET. The data gives investors a glimpse of the trends in the U.S. housing market and is one of a range of data the Fed will consider when deciding whether to raise interest rates in December.

European markets are mixed in early trading. Asian markets also ended the session mixed. Chinese markets experienced sharp selloffs midday, but recovered later in the day.

The International Monetary Fund is expected Monday to include the Chinese yuan in the IMF's Special Drawing Rights basket, the elite group of currencies used to value reserve assets.

China has pushed for the yuan to be part of the mix, which currently includes the dollar, euro, British pound and Japanese yen.

Nearly 150 world leaders are meeting at the COP21 climate summit in Paris this week. They will try to reach an agreement on legally-binding reductions in greenhouse gas emissions.

Finally, OPEC is set to meet on Friday to discuss its strategy for next year, with heated discussion about maintaining high production to protect the oil cartel's market share despite low oil prices.

Oil prices added 0.44 cents to $42.17 U.S. a barrel

Gold prices gained $1.98 to $1,059.43 U.S. an ounce.


Source: WallSt Money US Market Commentary (November 30, 2015 - 9:53 AM EST)

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