U.S. stock-index futures were flat, even as crude oil continued to surge, supported by the announcement that OPEC countries agreed on a deal to cut oil production at yesterday’s meeting in Vienna. That was the first time the cartel cut supply in eight years. According to the approved agreement, OPEC countries will reduce oil output by 1.2 mln barrels daily to 32.5 mln barrels starting from January, 2017. Investors await the U.S. nonfarm payroll data, scheduled to be released tomorrow.
Global Stocks:
Nikkei 18,513.12 +204.64 +1.12%
Hang Seng 22,878.23 +88.46 +0.39%
Shanghai 3,274.07 +24.04 +0.74%
FTSE 6,704.58 -79.21 -1.17%
CAC 4,560.11 -18.23 -0.40%
DAX 10,553.87 -86.43 -0.81%
Crude $50.39 (+1.92%)
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