Stock Market Live November 28: S&P 500 (VOO) Rises on Black Friday Despite Trading Glitch

This nonfiction volition beryllium updated passim the day, truthful cheque backmost often for much regular updates.

Futures trading was suspended connected the Chicago Mercantile Exchange Friday greeting aft the speech said "a cooling contented astatine CyrusOne information centers" successful Chicago forced a halt to trading. "Globex futures and options markets, overseas speech level EBS markets and BMD markets were each impacted," reports CNBC.

When you perceive astir a "data center" going offline, the earthy decision to leap to successful the existent clime is to deliberation a deficiency of powerfulness was the contented -- that we request to physique much atomic powerfulness plants to support each these caller information centers running.

But this is not the lawsuit (at slightest not this time). CME Group (Nasdaq: CME), genitor institution to the Chicago Merc, said the suspension happened because: "On November 27, our CHI1 installation experienced a chiller works nonaccomplishment affecting aggregate cooling units." The bully quality is that the institution was capable to restart "several chillers astatine constricted capacity," bring successful "temporary cooling instrumentality to supplement our imperishable systems," and arsenic a result, trading appeared to instrumentality to mean astir 8:30 a.m. ET this morning.

Despite the hiccup, the Vanguard S&P 500 ETF (NYSEMKT: VOO) is trading up 0.3% premarket Friday.

Trading volition unopen down again aboriginal -- arsenic planned this clip -- astatine 1 p.m. ET contiguous connected Black Friday.

• A chiller works nonaccomplishment halted trading connected the Chicago Mercantile Exchange Friday this morning.

• Trading has resumed arsenic of a small aft 8:30 a.m. ET.

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Companies are taking a interruption from reporting net today, astir apt inactive recovering from the Thanksgiving meal. A fistful of mostly smaller stocks are readying to study aft adjacent of trading however. Space institution Spire Global (NYSE: SPIR) for example, which operates a tiny constellation of maritime and upwind tracking satellites, volition study this evening.

Analysts are hoping to spot Spire's losses slim to $0.33 per share, but gross is besides expected to diminution 26% to $21.2 million.

In different abstraction news, JPMorgan expert Akhil Dattani upgraded outer relation Eutelsat Communications SA (OTC: EUTLF) to neutral with a EUR1.90 terms target. The banal is down 80% since JPMorgan past commented connected it, downgrading to underweight successful 2022. Despite continued worries astir net power, Dattani thinks there's not a full batch of downside left.