Dow Futures Opening Update as on 11 April 2018

U.S. stock futures are lower in pre-market trading for Wednesday, April 11.The Dow Futures are trading at 24,262.00 with a loss of -0.37% percent or -89.00 point. The S&P 500 Futures are trading at  2,640.75 with a loss of -0.54% percent or  -14.25 point. The Nasdaq Futures are trading at 6,593.00 with a loss of  -0.45% percent or -30.00 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,687.10 with a loss of -0.49% percent or  -107.22 point. Hong Kong’s Hang Seng are trading at 3,208.08 for up  with +0.56% percent or +17.76 point. China’s Shanghai Composite are trading at 3,208.08 for up with +0.56% percent or  +17.76 point. India’s BSE Sensex are trading at 33,915.47 for up with +0.10% percent or  +35.22  point at 12:15 PM.The FTSE 100 are trading at 7,247.66 with a loss of  -0.26% percent or -19.14 point. Germany’s DAX are trading at 12,360.27  with a loss of -0.30% percent or  -37.05 point. France’s CAC 40 are trading at 5,291.43  with a loss of -0.30% percent or -16.13 point. The Stoxx Europe 600 are trading at 377.29   with a loss of -0.28% percent or -1.06 point..

Wednesday’s Factors and Events

U.S. stock index futures slipped ahead of Wednesday’s open, pulling back from the strong gains seen in the previous trading session.

Around 5:30 a.m. ET, Dow futures slipped 78 points, indicating a drop of 103.00 points at the open. The Nasdaq and S&P 500 futures also indicated a negative start to Wednesday’s session for their respective markets.

The moves in pre-market trade came after Wall Street saw strong gains during Tuesday’s session, with the Dow Jones industrial average rallying more than 400 points to close up at 24,408.

 Market sentiment was upbeat Tuesday after Chinese President Xi Jinping discussed plans to further open up his country’s economy, suggesting measures that included lowering import tariffs on products including autos.

Talk of a potential trade war continues to rattle sentiment, while Facebook kept Wall Street preoccupied Tuesday as the tech giant’s CEO Mark Zuckerberg testified in front of the Senate Judiciary and Commerce committees.

 Tuesday’s Activity

U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 24,408.00 for up  with +1.79% percent or  +428.90 point. The S&P 500 closed at 2,656.87 for up with +1.67% percent or +43.71 point. The Nasdaq Composite closed at 7,094.30  for up with +2.07% percent or  +143.96 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,543.43 for up  with +1.91% percent or +28.97 point; the S&P 600 Small-Cap Index closed at 949.63 for up with +1.91% percent or+17.80 point; the S&P 400 Mid-Cap Index closed at 1,884.57 for up with +1.62% percent or  +30.04 point; the S&P 100 Index closed at 1,168.14 for up with +1.75% percent or +20.11 point; the Russell 3000 Index closed at 1,574.67 for up with +1.69% percent or + 26.16  point; the Russell 1000 Index closed at 1,472.98 for up with +1.67% percent or +24.21 point; and the Dow Jones U.S. Select Dividend Index closed at 24,408.00  for up with +1.79% percent or +428.90 point.

You may also like...

Rules of Discussion on Dow Futures Opening Update as on 11 April 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.