U.S. stock futures are lower in pre-market trading for Friday, June 23.The Dow Futures are trading at 21,321.00 with a loss of -0.13% percent or -27.00 point. The S&P 500 Futures are trading at 2,433.00 for up with +0.05% percent or +1.25 point.The Nasdaq Futures are trading at 5,784.12 with a loss of -0.03% percent or -1.63 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,132.67 for up with +0.11% percent or +22.16 point. Hong Kong’s Hang Seng are trading at 25,670.05 with a loss of –0.02% percent or –4.48 point. China’s Shanghai Composite are trading at 3,157.87 for up with +0.33% percent or +10.42 point. India’s S&P BSE Sensex are trading at 31,138.21 with a loss of –0.49% percent or –152.53 point. In Europe, the FTSE 100 are trading at 7,425.44 with a loss of –0.20% percent or –14.66 point. Germany’s DAX are trading at 12,708.38 with a loss of –0.67% percent or –85.62 point. France’s CAC 40 are trading at 5,255.12 with a loss of –0.51% percent or –26.56 point. The Stoxx Europe 600 are trading at 387.19 with a loss of -0.34% percent or -1.30 point.
Friday’s Factors and Events
After closing mixed for two consecutive sessions, stocks may once again move in opposite directions in early trading on Friday. The major index futures are currently mixed, as the Dow futures are down by 26 points but the S&P 500 futures are up by 1.25 points.
Lingering uncertainty about the near-term outlook for the markets may keep some traders on the sidelines going into the first weekend of the summer.
Traders also continue to digest the details of the Senate Republican plan to repeal and replace Obamacare that was unveiled on Thursday.
Healthcare stocks initially responded positively to the release of the draft of the bill but gave back ground after four Republican Senators said they cannot support the plan in its current form.
In commodities trading, crude oil futures are inching up $0.10 to $42.84 a barrel after rising $0.21 to $42.74 a barrel on Thursday. Meanwhile, after climbing $3.60 to $1,249.40 an ounce in the previous session, gold futures are jumping $9 to $1,258.40 an ounce.
On the currency front, the U.S. dollar is trading at 111.22 yen compared to the 111.33 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.1177 compared to yesterday’s $1.1152
U.S. market indexes were lower on Thursday. For the day the Dow Jones Industrial Average closed at 21,397.29 with a loss of –0.06% percent or –12.74 point. The S&P 500 closed at 2,434.50 with a loss of –0.05% percent or –1.11 point. The Nasdaq Composite closed at 6,236.68 for up with +0.04% percent or +2.73 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,404.54 for up with +0.38% percent or +5.28 point; the S&P 600 Small-Cap Index closed at 845.42 for up with +0.38% percent or +3.19 point; the S&P 400 Mid-Cap Index closed at 1,736.42 for up with +0.09% percent or +1.51 point; the S&P 100 Index closed at 1,073.88 with a loss of –0.05% percent or –0.56 point; the Russell 3000 Index closed at 1,441.09 for up with +0.01% percent or +0.10 point; the Russell 1000 Index closed at 1,348.68 with a loss of -0.02% percent or -0.31 point; and the Dow Jones U.S. Select Dividend Index closed at 21,397.29 with a loss of –0.06% percent or –12.74 point.