Dow Futures Opening Update as on 13 March 2018

U.S. stock futures are higher in pre-market trading for Tuesday, March 13.The Dow Futures are trading at 25,285.00 for up  with +0.19% percent or +47.00 point. The S&P 500 Futures are trading at 2,793.50 for up  with +0.16%  percent or +4.50 point. The Nasdaq Futures are trading at 7,169.00 for up with +0.05% percent or +3.25 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,968.10 for up  with  +0.66% percent or  +144.07 point. Hong Kong’s Hang Seng are trading at 31,543.49 with  a loss of -0.16% percent or  -50.84 point. China’s Shanghai Composite are trading at 3,310.24  with a loss of   -0.49% percent or -16.46 point. India’s BSE Sensex are trading at 33,662.53 for up with +0.30% percent or  +100.87 point at 12:15 PM.The FTSE 100 are trading at 7,215.95 for up  with +0.02% percent or  +1.19 point. Germany’s DAX are trading at 12,437.60  for up with +0.15% percent or +19.21 point. France’s CAC 40 are trading at 5,301.19 for up   with +0.46% percent or +24.48 point. The Stoxx Europe 600 are trading at 379.59  for up with +0.10% percent or +0.38 point.

Tuesday’s Factors and Events

U.S. stock index futures posted slight gains ahead of Tuesday’s open with investors monitoring some key economic data.

Around 5:30 a.m. ET, Dow futures were up 53 points, indicating a rise of 80.39 points at the open. The Nasdaq and the S&P 500 futures also indicated a positive open for their respective markets.

The moves in pre-market trade came after Wall Street finished mostly lower Monday, with the Dow Jones industrial average falling more than 150 points, as concerns surrounding a potential trade war resurfaced.

 Last week, President Donald Trump signed two declarations which would implement tariffs on steel and aluminum imports. The tariffs are expected to take effect in the coming weeks and will see a 25 percent charge placed on steel, and 10 percent levy on aluminum — Canada and Mexico however are exempt. Investors remain on edge over concerns that countries around the world may strike back because of the tariffs.

Monday’s Activity

U.S. market were mixed on Monday. For the day the Dow Jones Industrial Average closed at 25,178.61   with a loss of  -0.62% percent or  -157.13 point. The S&P 500 closed at 2,783.02 with a loss of -0.13% percent or -3.55 point. The Nasdaq Composite closed at 7,588.32 for up with +0.36% percent or  +27.51 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,601.06  for up with +0.25% percent or +3.91 point; the S&P 600 Small-Cap Index closed at 974.13  for up  with + 0.40% percent or +3.87 point; the S&P 400 Mid-Cap Index closed at 1,951.24 for up  with +0.11% percent or + 2.18 point; the S&P 100 Index closed at 1,227.61  with a loss of -0.11% percent or -1.36 point; the Russell 3000 Index closed at 1,647.41  with a loss of -0.06% percent or  -1.05 point; the Russell 1000 Index closed at 1,542.12 with a loss of -0.09% percent or -1.37 point; and the Dow Jones U.S. Select Dividend Index closed at 25,178.61 with a loss of  -0.62% percent or -157.13 point.

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