Dow Futures Opening Update as on 01 May 2018

U.S. stock futures higher in pre-market trading for Tuesday, May 01.The Dow Futures is trading at 24,141.00  up with +0.04% percent or +10.00 point.The S&P 500 Futures is trading at  2,651.25 up with +0.16% percent or +4.25 point.   The Nasdaq Futures is trading at 6,619.25  up  with +0.12% percent or +7.75 point.

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,508.03 up with +0.18% percent or +40.16 point. Hong Kong’s Hang Seng is trading at 30,808.45  up with +1.74% percent or +527.78  point. China’s Shanghai Composite is trading at 3,082.23 up with +0.23% percent or  +7.20 point. India’s BSE Sensex is trading at 35,160.36 up with +0.55% percent or +190.66  point at 12:15 PM.The FTSE 100 is trading at 7,520.97  up with +0.16% percent or  +11.67 point. Germany’s DAX is trading at 2,612.11  up with +0.25% percent or +31.24 point. France’s CAC 40 is trading at 5,520.50 up with +0.68% percent or +37.32  point. The Stoxx Europe 600 is trading at 385.63 up with +0.08% percent or +0.31 point.

Tuesday’s Factors and Events

In economic news, the personal consumption expenditures (PCE) price index posted last month its biggest year-over-year gain since February 2017. The so-called core PCE — which strips out food and energy — jumped 1.9 percent through March. The core PCE is the Federal Reserve’s preferred measure of inflation.

The U.S. 10-year Treasury yield briefly fell to its lowest since April 20, while the 2-year yield traded near 2.5 percent. The U.S. dollar index rose slightly.

Logistics company Prologis is acquiring DCT Industrial Trust for $8.4 billion in an all-stock deal. DCT Industrial’s shares popped more than 11.5 percent. Marriott Vacations, the hotel chain’s timeshare business, is also buying rival ILG for $4.7 billion.

Monday’s Activity

U.S. market were lower on Monday.For the day the Dow is trading at 24,163.15 with a loss of -0.61% percent or –148.04 point. The S&P 500 is trading at 2,648.05 with a loss of -0.82% percent or -21.86 point. The Nasdaq Composite is trading at 7,066.27  with a loss of -0.75% percent or -53.53 point.

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,508.03 up with +0.18% percent or +40.16 point. Hong Kong’s Hang Seng is trading at 30,808.45  up with +1.74% percent or +527.78  point. China’s Shanghai Composite is trading at 3,082.23 up with +0.23% percent or  +7.20 point. India’s BSE Sensex is trading at 35,160.36 up with +0.55% percent or +190.66  point at 12:15 PM.The FTSE 100 is trading at 7,520.97  up with +0.16% percent or  +11.67 point. Germany’s DAX is trading at 2,612.11  up with +0.25% percent or +31.24 point. France’s CAC 40 is trading at 5,520.50 up with +0.68% percent or +37.32  point. The Stoxx Europe 600 is trading at 385.63 up with +0.08% percent or +0.31 point.

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