U.S. stock futures lower in pre-market trading for Tuesday, May 29. The Dow Futures is trading at 24,542.00 with a loss of -0.76% percent or -188.00 point.The S&P 500 Futures is trading at 2,697.25 with a loss of -0.77% percent or -21.00 point.The Nasdaq Futures is trading at 6,914.50 with a loss of -0.66% percent or -45.75 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,358.43 with a loss of -0.55% percent or -122.66 point. Hong Kong’s Hang Seng is trading at 30,531.85 with a loss of -0.85% percent or -260.41 point. China’s Shanghai Composite is trading at 3,119.11 with a loss of -0.51% percent or -15.98 point. India’s BSE Sensex is trading at 35,108.69 with a loss of -0.16% percent or -56.79 point at 12:15 PM.The FTSE 100 is trading at 7,631.91 with a loss of -1.27% percent or -98.37 point. Germany’s DAX is trading at 12,666.41 with a loss of -1.53% percent or -197.05 point. France’s CAC 40 is trading at 5,417.16 with a loss of -1.67% percent or -91.77 point. The Stoxx Europe 600 is trading at 384.20 with a loss of -1.44% percent or -5.99 point.
Tuesday’s Factors and Events
Monday’s Activity
For the day the Dow is trading at 24,753.09 with a loss of -0.24%percent or -58.67 point. The S&P 500 is trading at 2,721.33 with a loss of -0.24% percent or -6.43 point. The Nasdaq Composite is trading at 7,433.85 up with +0.13% percent or +9.42 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,626.93 with a loss of -0.079% percent or -1.29 point; the S&P 600 Small-Cap Index closed at 1,004.64 with a loss of -0.046% percent or -0.46 point; the S&P 400 Mid-Cap Index closed at 1,946.87 with a loss of -0.24% percent or -4.68 point; the S&P 100 Index closed at 1,194.53 with a loss of -0.26% percent or -3.15 point; the Russell 3000 Index closed at 1,618.01 with a loss of -0.21% percent or -3.37 point; the Russell 1000 Index closed at 1,510.27 with a loss of -0.22% percent or -3.31 point;
stock index futures dropped sharply ahead of Tuesday’s open as political turmoil in Italy and Spain added to investors’ worries and sent the euro falling to its lowest level against the dollar in 2018.
Around 7:47 a.m. ET, Dow futures indicated a drop of more than 175 points at the open. The Nasdaq and the S&P 500 futures also indicated sharply negative starts to the session for their respective markets.
U.S. stock markets were closed Monday for Memorial Day.
The moves in pre-market trading in the U.S. came amid turbulence for European markets and politics alike.