Dow Futures Opening Update as on 11 Sepember 2017

U.S. stock futures are lower in pre-market trading for Monday, September 11.The Dow Futures are trading at 21,884.50 for up with +0.49% percent or +108.00 point. The S&P 500 Futures are trading at 1,399.43 for up with +0.43% percent or +10.50 point. The Nasdaq Futures are trading at 5,962.76 for up with +0.65% percent or +38.26 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 19,545.77 for up with +1.41% percent or  +270.95 point. Hong Kong’s Hang Seng are trading at 27,940.34 for up with  +0.98% percent or +271.87 point. China’s Shanghai Composite are trading at 3,372.11 for up with +0.20% percent or  +6.87 point. India’s S&P BSE Sensex are trading at 31,901.55 for up with +0.68% percent or +214.03 point at 12:15 PM. In Europe, The FTSE 100 are trading at 7,405.36 for up with +0.37% percent or +27.59 point. Germany’s DAX are trading at 12,428.88 for up with 1.02% percent or +124.90 point. France’s CAC 40 are trading at 5,165.14 for up with +1.01% percent or +51.66 point. The Stoxx Europe 600 are trading at 378.89 for up with +0.91% percent or +3.40 point.

Monday’s Factors and Events

U.S. stock index futures pointed to a sharply higher open on Monday, as the damage from Hurricane Irma was not as bad as feared.

Dow Jones industrial average futures rose 119 points, while S&P 500 and Nasdaq 100 futures jumped 13 points and 43.75 points, respectively.

Hurricane Irma, once a Category 5 hurricane, hit the coast of Florida over the weekend. On early Monday, Irma continued to thrash the state, after slamming the Keys, Miami and other areas nearby in recent days. The hurricane has gradually lost strength, however, and has been downgraded to Category 1 as it continues to move its way across land. Storm surges were also much smaller than the National Hurricane Center expected.

Friday’s Activity

U.S. market were mixed on Friday. For the day the Dow Jones Industrial Average closed at 21,797.79 for up with +0.06% percent or +13.01 point. The S&P 500 closed at 2,461.43 with a loss of –0.15% percent or –3.67 point. The Nasdaq Composite closed at 6,360.19 with a loss of –0.59% percent or –37.68 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,399.43 for up with +0.05% percent or +0.76 point; the S&P 600 Small-Cap Index closed at 838.92 for up with +0.18% percent or +1.51 point; the S&P 400 Mid-Cap Index closed at 1,719.09 for up with +0.32% percent or +5.51 point; the S&P 100 Index closed at 1,086.98 with a loss of  –0.31% percent or –3.43 point; the Russell 3000 Index closed at 1,455.25 with a loss of –0.11% percent or –1.58 point; the Russell 1000 Index closed at 1,363.43 with a loss of –0.12% percent or –1.66 point; and the Dow Jones U.S. Select Dividend Index closed at 21,797.79 for up with +0.06% percent or +13.01 point.

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