Dow Futures Opening Update as on 04 May 2018

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

“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.”

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;

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