Dow Futures Opening Update as on 27 April 2018

U.S. stock futures mixed in pre-market trading for Friday, April 27.The Dow Futures is trading at 24,264.00 with a loss of -0.21% percent or -46.00 point.The S&P 500 Futures is trading at  2,669.25 with a loss of -0.20% percent or -5.25 point. The Nasdaq Futures is trading at 6,747.75 up  with +0.19% percent or +13.00 point.

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,467.87 up with +0.66% percent or +148.26 point. Hong Kong’s Hang Seng is trading at 30,221.74  up with +0.71% percent or +214.06  point. China’s Shanghai Composite is trading at 3,081.00 up with +0.19% percent or  +5.97 point. India’s BSE Sensex is trading at 34,952.32 up with +0.69% percent or +238.72  point at 12:15 PM.The FTSE 100 is trading at 7,434.98  up with +0.18% percent or +13.55 point. Germany’s DAX is trading at 12,587.08  up with +0.69% percent or +86.61 point. France’s CAC 40 is trading at 5,459.38 up with +0.11% percent or +5.81 point. The Stoxx Europe 600 is trading at 384.36 up with +0.18% percent or +0.69 point.

Friday’s Factors and Events

There are two things driving the market: Earnings and the news flow out of Washington,” said Randy Frederick, vice president of trading and derivatives at the Schwab Center for Financial Research. He noted that earnings may be currently overshadowing the news out of DC.

“The earnings reports have been good thus far,” Frederick said. “I see no reason why that wouldn’t continue.”

Of the S&P 500 companies that have reported thus far, 80 percent have reported better-than-expected earnings, according to Thomson Reuters I/B/E/S.

Amazon rallied 4 percent ahead of their earnings release Thursday after the close.

Stocks also got a boost as interest rates slipped from multiyear highs. The benchmark 10-year Treasury note fell from a more than four-year high to below 3 percent after the European Central Bank kept interest rates unchanged and reaffirmed its stimulative monetary policy stance.

Thursday’s Activity

U.S. market were higher on Thursday.For the day the Dow is trading at 24,322.34 up with +0.99% percent or +238.51 point. The S&P 500 is trading at 2,666.94 up with +1.04% percent or +27.54 point. The Nasdaq Composite is trading at 7,118.68 up with +1.64% percent or +114.94 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,557.89  up with +0.48% percent or +7.43 point; the S&P 600 Small-Cap Index closed at 958.70  up with +0.38% percent or +3.67 point; the S&P 400 Mid-Cap Index closed at 1,895.21  up with +0.38% percent or +7.20 point; the S&P 100 Index closed at 1,169.17  up with +1.19% percent or +13.79 point; the Russell 3000 Index closed at 1,581.47 up with +0.97% percent or ++15.16 point; the Russell 1000 Index closed at 1,581.4  up with +0.97% percent or +15.16 point;

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