U.S. stock futures are lower in pre-market trading for Tuesday, February 27. The Dow Futures are trading at 25,734.00 with a loss of -0.09% percent or -24.00 point. The S&P 500 Futures are trading at 2,779.50 with a loss of -0.18% percent or -5.00 point.The Nasdaq Futures are trading at 6,987.00 with a loss of -0.19% percent or -13.25 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 22,389.86 for up with +1.07% percent or +236.23 point. Hong Kong’s Hang Seng are trading at 31,361.42 with a loss of -0.44% percent or -137.18 point. China’s Shanghai Composite are trading at 3,292.07 with a loss of -1.13% percent or -37.51 point. India’s BSE Sensex are trading at 34,336.98 with a loss of -0.32% percent or -108.77 point at 12:15 PM.The FTSE 100 are trading at 7,298.52 for up with +0.12% percent or +8.94 point. Germany’s DAX are trading at 12,520.81 with a loss of -0.05% percent or -6.23 point. France’s CAC 40 are trading at 5,357.72 for up with +0.25% percent or +13.47 point. The Stoxx Europe 600 are trading at 383.11 with a loss of -0.04 percent or -0.01% point.
Tuesday’s Factors and Events
U.S. stocks closed sharply higher Tuesday, regaining more than half of their correction-level losses amid a stabilization in interest rates.
The Dow Jones industrial average added 399.28 points to close at 25,709.27 on the week’s first day of trading with industrial titans Boeing and 3M contributing the most to the blue-chip index. The S&P 500 gained 1.18 percent to close at 2,779.60 after strong performance in telecommunications, technology and financials stocks.
Berkshire Hathaway Class B stock led financial stocks higher with a 3.88 percent gain after CEO Warren Buffett told investors that, should the company fail to find any market bargains, it will likely return cash to shareholders.
U.S. market were higher on Monday. For the day the Dow Jones Industrial Average closed at 25,709.27 for up with +1.58% percent or +399.28 point. The S&P 500 closed at 2,779.60 for up with +1.18% percent or +32.30 point. The Nasdaq Composite closed at 7,421.46 for up with +1.15% percent or 84.07 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,559.33 for up with +0.65% percent or +10.15 point; the S&P 600 Small-Cap Index closed at 952.76 for up with +0.66% percent or +6.21 point; the S&P 400 Mid-Cap Index closed at 1,914.93 for up with +0.56% percent or +10.70 point; the S&P 100 Index closed at 1,232.49 for up with +1.41% percent or +17.14 point; the Russell 3000 Index closed at 1,639.17 for up with +1.07% percent or +17.43 point; the Russell 1000 Index closed at 1,537.06 for up with +1.11% percent or +16.85 point; and the Dow Jones U.S. Select Dividend Index closed at 25,709.27 for up with +1.58% percent or +399.28 point.