Dow Futures Opening Update as on 04 January 2018

U.S. stock futures are higher in pre-market trading for Thursday, January 04.The Dow Futures are trading at 24,958.00 for up with +0.32% percent or +73.00 point.The S&P 500 Futures are trading at 2,715.00 for up with +0.15% percent or +4.00 point. The Nasdaq Futures are trading at 6,599.25 for up  with +0.22% percent or +14.75 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 23,506.33 for up with +3.26% percent or +741.39 point. Hong Kong’s Hang Seng are trading at 30,734.53  for up  with +0.57% percent or  +173.58 point. China’s Shanghai Composite are trading at 3,385.71 for up with +0.49% percent or +16.60 point. India’s BSE Sensex are trading at 33,897.95 for up with +0.31% percent or +104.57 point at 12:15 PM.The FTSE 100 are trading at 7,677.44 for up with +0.08% percent or +6.33 point. Germany’s DAX are trading at 13,110.61 for up  with +1.02% percent or  +132.40 point. France’s CAC 40 are trading at 5,377.32 for up with +0.86% percent or +46.05 point. The Stoxx Europe 600 are trading at 392.27 for up with +0.53% percent or  +2.05 point.

Thursday’s Factors and Events

U.S. stock index futures pointed to a higher open on Thursday.

The first week of the year has already shown 2018 to be beneficial for U.S. markets, with the S&P 500 closing above 2,700 for the first time Wednesday, and other stocks reaching all-time highs during trade.

A slew of economic data is set to be released today. At 8:15 a.m. ET, the ADP national employment report is set to come out, followed by jobless claims at 8:30 a.m. ET.

Services purchasing managers’ index (PMI) data will then come out at 9:45 a.m. ET; all before the all-important nonfarm payrolls data, due out Friday.

Wednesday’s Activity

U.S. market were higher on Wednesday. For the day the Dow Jones Industrial Average closed at 24,922.68 for up with +0.40% percent or  +98.67 point. The S&P 500 closed at 2,713.06 for up with +0.64% percent or  +17.25 point. The Nasdaq Composite closed at 7,065.53 for up with +0.84% percent or  +58.63 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,552.58  for up with +0.17% percent or +2.56 point; the S&P 600 Small-Cap Index closed at 943.24  for up with +0.03%  percent or +0.27  point; the S&P 400 Mid-Cap Index closed at 1,923.36 for up with +0.31% percent or +6.00 point; the S&P 100 Index closed at 1,200.74 for up with +0.60% percent or  +7.19 point; the Russell 3000 Index closed at 1,605.19  for up with  +1.42% percent or +22.42 point; the Russell 1000 Index closed at 1,503.17  for up with +0.62% percent or  +9.24 point; and the Dow Jones U.S. Select Dividend Index closed at 24,922.68  for up with +0.40% percent or +98.67 point.

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