U.S. stock futures are higher in pre-market trading for Monday, March 26.The Dow Futures are trading at 23,849.00 for up with +1.00% percent or +237.00 point. The S&P 500 Futures are trading at 2,628.00 for up with +1.16% percent or +29.25 point. The Nasdaq Futures are trading at 6,646.50 for up with +1.41% percent or +92.25 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,766.10 for up with +0.72% percent or +148.24 point. Hong Kong’s Hang Seng are trading at 30,402.66 for up with +0.31% percent or + 93.37 point. China’s Shanghai Composite are trading at 3,133.72 with a loss of -0.60% percent or -19.04 point. India’s BSE Sensex are trading at 32,692.89 for up with +0.30% percent or +96.35 point at 12:15 PM.The FTSE 100 are trading at 6,942.09 for up with +0.29% percent or +20.15 point. Germany’s DAX are trading at 11,937.32 for up with +0.43% percent or +51.01 point. France’s CAC 40 are trading at 5,106.70 for up with +0.23% percent or +11.49 point. The Stoxx Europe 600 are trading at 366.73 for up with +0.25% percent or +0.91 point.
Monday’s Factors and Events
Dow futures indicated a rise of more than 350 points at the open. The Nasdaq and the S&P 500 futures also indicated a positive open for their respective markets.
Looking to Monday’s session, markets overseas recovered during trade, as concerns over trade tariffs alleviated somewhat. In Asia, some indexes rose after news surfaced that the U.S. had agreed to excuse South Korea from steel levies. Meantime in Europe, stocks were slightly higher as investors tried to shake off any worries surrounding a potential trade war.
Last week, President Donald Trump signed an executive memorandumthat would inflict tariffs on Chinese imports — of up to $60 billion. China retaliated with their own set of levies, drawing up a list of 128 U.S. products that could be possible retaliation targets.
U.S. market were lower on Friday. For the day the Dow Jones Industrial Average closed at 23,533.20 with a loss of -1.77% percent or -424.69 point. The S&P 500 closed at 2,588.26 with a loss of -2.10% percent or -55.43 point. The Nasdaq Composite closed at 6,992.67 with a loss of -2.43% percent or -174.01 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,510.08 with a loss of –2.19% percent or -33.79 point; the S&P 600 Small-Cap Index closed at 923.12 with a loss of -2.15% percent or –20.29 point; the S&P 400 Mid-Cap Index closed at 1,839.47 with a loss of -1.94% percent or -36.39 point; the S&P 100 Index closed at 1,133.01 with a loss of -2.15% percent or -24.90 point; the Russell 3000 Index closed at 1,536.27 with a loss of -2.07% percent or -32.45 point; the Russell 1000 Index closed at 1,436.72 with a loss of -2.06% percent or -30.20 point; and the Dow Jones U.S. Select Dividend Index closed at 23,533.20 with a loss of -1.77% percent or -424.69 point.