Dow Futures Opening Update as on 05 March 2018

U.S. stock futures are lower in pre-market trading for Monday, March 05. The Dow Futures are trading at 24,502.00 with a loss of –0.13% percent or -33.00 point. The S&P 500 Futures are trading at 2,684.75  with a loss of -0.20%  percent or -5.50 point.The Nasdaq Futures are trading at 6,800.50  with a loss of  -0.06% percent or -4.25 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,042.09  with a loss of -0.66% percent or  -139.55 point. Hong Kong’s Hang Seng are trading at 30,173.04   with a loss of -1.34% percent or -410.41 point. China’s Shanghai Composite are trading at 3,256.56 for up  with  +0.06% percent or +2.03 point. India’s BSE Sensex are trading at 33,722.25 with a loss of -0.95% percent or  -324.69  point at 12:15 PM.The FTSE 100 are trading at 7,090.25  for up with +0.29% percent or  +20.35 point. Germany’s DAX are trading at 11,948.03  for up with +0.29% percent or +34.32 point. France’s CAC 40 are trading at 5,143.47  for up with +0.13% percent or +6.89 point. The Stoxx Europe 600 are trading at 368.08  for up with +0.29% percent or +1.09 point.

Monday’s Factors and Events

The Dow Jones industrial average closed 70.92 points lower at 24,538.06 after falling as much as 391 points. Johnson & Johnson and Merck were among one of the best-performing stocks in the index, rising 1.2 percent each.

“When there’s an opportunity to buy on the dip, people are taking it,” said Phil Blancato, CEO of Ladenburg Thalmann Asset Management. “Economically, you’re healthy … and earnings continue to be strong.”

But despite trading off their lows, the major averages posted a weekly loss for the first time in three weeks. For the week, the Dow, S&P 500 and Nasdaq fell 3.1 percent, 2 percent and 1.1 percent respectively.

Friday’s Activity

U.S. market were Mixed on Friday. For the day the Dow Jones Industrial Average closed at 24,538.06  with  a loss of -0.29% percent or -70.92 point. The S&P 500 closed at 2,691.25 for up  with +0.51% percent or  +13.58 point. The Nasdaq Composite closed at 7,257.87  for up with +1.08% percent or  +77.31 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,533.17  for up with +1.71% percent or +25.78 point; the S&P 600 Small-Cap Index closed at 932.68  for up  with +1.69% percent or +15.54 point; the S&P 400 Mid-Cap Index closed at 1,878.61 for up with  +1.10% percent or +20.52 point; the S&P 100 Index closed at 1,189.04  for up with +0.38% percent or +4.50 point; the Russell 3000 Index closed at 1,591.38  for up with +0.65% percent or +10.21 point; the Russell 1000 Index closed at 1,490.72  for up with +0.56% percent or +8.31 point; and the Dow Jones U.S. Select Dividend Index closed at 24,538.06   with  a loss of -0.29% percent or  -70.92 point.

You may also like...

Rules of Discussion on Dow Futures Opening Update as on 05 March 2018

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Self-promotion once a week is allowed. Too much promotion or using Contact info in ID will lead to account ban.