U.S. stock futures are lower in pre-market trading for Monday, July 03.The Dow Futures are trading at 21,376.50 for up with +0.36% percent or +76.50 point. The S&P 500 Futures are trading at 2,429.12 for up with +0.34% percent or +8.12 point.The Nasdaq Futures are trading at 5,670.50 for up with +0.30% percent or +16.75 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,055.80 for up with +0.11% percent or +22.37 point. Hong Kong’s Hang Seng are trading at 25,784.17 for up with +0.08% percent or +19.59 point. China’s Shanghai Composite are trading at 3,195.91 for up with +0.11% percent or +3.48 point. India’s S&P BSE Sensex are trading at 31,221.62 for up with + 0.97% percent or +300.01 point at 12:26 PM . In Europe, the FTSE 100 are trading at 7,338.83 for up with +0.36% percent or +26.14 point. Germany’s DAX are trading at 12,396.87 for up with +0.58% percent or +71.75 point. France’s CAC 40 are trading at 5,174.55 for up with +1.05% percent or +53.87 point. The Stoxx Europe 600 are trading at 381.77 for up with +0.63% percent or +2.38 point.
Monday’s Factors and Events
The market is keenly watching the new developments in the Middle East as Saudi Arabia, Egypt, UAE and Bahrain placed a 48 hours deadline for their demands to Qatar for closure of Turkish military base and cutting down of diplomatic relations with Iran.
The holiday week starts with key announcements on consumer spending. The early trends in the U.S. Futures Index suggest that Wall Street might open higher on Monday. Asian stock closed mostly in the green, while European shares are trading higher.
As of 6.45 am ET, the Dow futures were adding 71 points, the S&P 500 futures were climbing 7 points and the Nasdaq 100 futures were progressing 11.75 points.
Friday’s Activity
U.S. market indexes were higher on Friday. For the day the Dow Jones Industrial Average closed at 21,349.63 for up with +0.29% percent or +62.60 point. The S&P 500 closed at 2,423.41 for up with +0.15% percent or +3.71 point. The Nasdaq Composite closed at 6,140.42 with a loss of –0.06% percent or –3.93 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,415.36 with a loss of -0.06% percent or -0.84 point; the S&P 600 Small-Cap Index closed at 855.85 for up with +0.05% percent or +0.40 point; the S&P 400 Mid-Cap Index closed at 1,746.65 for up with +0.15% percent or +2.62 point; the S&P 100 Index closed at 1,067.71 for up with + 0.10% percent or +1.03 point; the Russell 3000 Index closed at 1,436.82 for up with of +0.14% percent or +2.07 point; the Russell 1000 Index closed at 1,343.52 for up with +0.16% percent or +2.16 point; and the Dow Jones U.S. Select Dividend Index closed at 21,349.63 for up with +0.29% percent or +62.60 point.