Dow Futures Opening Update as on 08 November 2017

U.S. stock futures are mixed in pre-market trading for Wednesday, November 08. The Dow Futures are trading at 23,483.50   with a loss of  -0.02% percent or -4.50 point. The S&P 500 Futures are trading at 2,585.88 with a loss of -0.03% percent or -0.87 point.The Nasdaq Futures are trading at 6,318.13 for up with +0.03% percent or +2.13 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 22,913.82 for up with –0.10% percent or –23.78 point. Hong Kong’s Hang Seng are trading at 28,907.60  with a loss of –0.30% percent or  –86.74 point. China’s Shanghai Composite are trading at 3,415.46 for up with +0.06% percent or +1.89 point. India’s BSE Sensex are trading at 33,218.81 with a loss of –0.46% percent or –151.95 point at 12:15 PM.The FTSE 100 are trading at 7,517.24 for up with +0.05% percent or +3.92 point. Germany’s DAX are trading at 13,364.17 with a loss of  –0.12% percent or –16.02 point. France’s CAC 40 are trading at 5,467.40   with a loss of – 0.24% percent or –13.24 point. The Stoxx Europe 600 are trading at 393.73 with a loss of 0.23% percent or -0.02 point.

Wednesday’s Factors and Events

U.S. stock index futures pointed to a relatively flat open on Wednesday, as investors readied to delve through another cluster of earnings from the U.S. corporate sphere.

Earnings season continues to be in full swing half way through the trading week, with Encana, Regeneron, Acushnet and Wendy’s among the names set to publish earnings before the bell.

IAC, 21st Century Fox, Monster Beverage, Square, Hostess Brands, Roku, Sunrun and Twilio are expected to publish earnings after the bell.

 Politics is also expected to set a slight tone on Wall Street as U.S. President Donald Trump continues his journey abroad in Asia.

On Wednesday, Trump continued to draw attention to the threat that North Korea poses to the rest of the world, as he traveled from South Korea to China. In an address to South Korean lawmakers, Trump said that Kim Jong-Un’s regime “has interpreted America’s past restraint as weakness.”

Tuesday’s Activity

U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 23,557.23 for up with +0.04% percent or +8.81 point. The S&P 500 closed at 2,590.64  with a loss of –0.02% percent or – 0.49 point. The Nasdaq Composite closed at 6,767.78  with a loss of  –0.27% percent or –18.65 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,479.09 with a loss of -1.26%   percent or –18.87 point; the S&P 600 Small-Cap Index closed at 893.07  with a loss of –1.07% percent or  –9.67 point; the S&P 400 Mid-Cap Index closed at 1,830.62  with a loss of –0.69% percent or  –12.74 point; the S&P 100 Index closed at 1,144.14 for up with  +0.03% percent or +0.37 point; the Russell 3000 Index closed at 1,532.14  with a lossof  –0.16% percent or –2.48 point; the Russell 1000 Index closed at 1,434.98  with a loss of  –0.07% percent or –1.03 point; and the Dow Jones U.S. Select Dividend Index closed at 23,557.23 for up with +0.04% percent or +8.81 point.

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