Dow Futures Opening Update as on 18 May 2018

U.S. stock futures higher in pre-market trading for Friday, May 18. The Dow Futures is trading at 24,759.00 up  with +0.22% percent or +55.00 point. The S&P 500 Futures is trading at 2,724.25 up with +0.20% percent or +5.50 point.The Nasdaq Futures is trading at 6,927.75 up with +0.32% percent or +0.32% point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,930.36 up with +0.40% percent or +91.99 point. Hong Kong’s Hang Seng is trading at 31,091.44 up with +0.48% percent or  +149.29 point. China’s Shanghai Composite is trading at 3,187.91 up with +1.07% percent or +33.63 point. India’s BSE Sensex is trading at 34,979.46 with a loss of -0.48% percent or  -169.66  point at 12:15 PM.The FTSE 100 is trading at 7,781.97 with a loss of  -0.077% percent or  -6.00 point. Germany’s DAX is trading at 13,093.50 with  a loss of  -0.16% percent or -21.11 point. France’s CAC 40 is trading at 5,612.08 with a loss of -0.17% percent or -9.83 point. The Stoxx Europe 600 is trading at 395.12 with a loss of -0.07% percent or -0.32 point.

Friday’s Factors and Events

The yield on U.S. 10-year sovereign debt fell back Friday morning but remained within touching distance of seven-year highs.

A string of better-than-expected U.S. economic data helped push the 10-year Treasury note to a seven-year peak of 3.128 percent on Friday morning.

 In oil markets, crude futures held firm amid robust demand, ongoing OPEC-led production cuts and looming U.S. sanctions against major crude exporter Iran.

Nonetheless, oil prices hovered slightly below multi-year highs from the previous day as surging output from the U.S. appeared to cap gains.

Thursday’s Activity

U.S. market were lower on Thursday.For the day The S&P 500 is trading at 2,720.13  with a loss of -0.086% percent or  -2.33 point. the Dow is trading at 24,713.98 with a loss of -0.22% percent or -54.95 point.  The Nasdaq Composite is trading at 7,382.47 with a loss of   -0.21% percent or  -15.82 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,625.29 up with +0.55% percent or +8.92 point; the S&P 600 Small-Cap Index closed at 1,001.02 up with +0.70% percent or +6.93 point; the S&P 400 Mid-Cap Index closed at 1,948.28 up with +0.23% percent or +4.47 point; the S&P 100 Index closed at 1,194.58 with a loss of  -0.22% percent or -2.68 point; the Russell 3000 Index closed at 1,616.81 with a loss of -0.014% percent or -0.23 point; the Russell 1000 Index closed at 1,509.18 with a loss of  -0.062% percent or  -0.94 point