U.S. stock futures lower in pre-market trading for Friday, May 04.The Dow Futures is trading at 23,877.00 with a loss of -0.14% percent or -33.00 point.The S&P 500 Futures is trading at 2,627.75 with a loss of -0.15% percent or -4.00 point. The Nasdaq Futures is trading at 6,649.50 with a loss of -0.23% percent or -15.00 point.
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,472.78 with a loss of -0.16% percent or -35.25 point. Hong Kong’s Hang Seng is trading at 29,984.42 with a loss of -1.09% percent or -328.95 point. China’s Shanghai Composite is trading at 3,091.03 with a loss of -0.32% percent or -9.83 point. India’s BSE Sensex is trading at 34,935.93 with a loss of -0.48% percent or -167.21 point at 12:15 PM.The FTSE 100 is trading at 7,534.10 up with +0.42% percent or +31.41 point. Germany’s DAX is trading at 12,745.04 up with +0.43% percent or +54.89 point. France’s CAC 40 is trading at 5,493.14 with a loss of -0.15% percent or -8.46 point. The Stoxx Europe 600 is trading at 385.72 up with +0.28% percent or +0.28% point.
Friday’s Factors and Events
Thursday’s Activity
U.S. market were mixed on Thursday.For the day the Dow is trading at 23,930.15 up with +0.022% percent or +5.17 point. The S&P 500 is trading at 2,629.73 with a loss of -0.23% percent or -5.94 point. The Nasdaq Composite is trading at 7,088.15 with a loss of -0.18% percent or -12.75 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,546.56 with a loss of -0.54% percent or -8.36 point; the S&P 600 Small-Cap Index closed at 947.08 with a loss of -0.66% percent or –6.33 point; the S&P 400 Mid-Cap Index closed at 1,872.56 with a loss of -0.17% percent or -3.27 point; the S&P 100 Index closed at 1,153.93 with a loss of -0.23% percent or -2.71 point; the Russell 3000 Index closed at 1,560.62 with a loss of -0.25% percent or -3.95 point; the Russell 1000 Index closed at 1,458.50 with a loss of -0.23% percent or -3.34 point;
“The market got very cheap and buyers just came in,” said Jeremy Klein, chief market strategist at FBN Securities. “I mean you’ll still seeing sectors like banks lag … [but] industrials had a really nice bounce. A stock like Boeing, which has been really dragging lately, found a nice bid this morning.”