U.S. stock futures higher in pre-market trading for wednesday, May 30. The Dow Futures is trading at 24,516.00 up with +0.57% percent or +139.00 point.The S&P 500 Futures is trading at 2,705.50 up with +0.49% percent or +13.25 point.The Nasdaq Futures is trading at 6,967.50 up with +0.33% percent or +19.00 point.
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,018.52 with a loss of -1.52% percent or -339.91 point. Hong Kong’s Hang Seng is trading at 30,012.90 with a loss of -1.55% percent or -471.68 point. China’s Shanghai Composite is trading at 3,041.64 with a loss of -2.53% percent or -78.82 point. India’s BSE Sensex is trading at 34,852.64 with a loss of -0.27% percent or -96.04 point at 12:15 PM.The FTSE 100 is trading at 7,656.04 up with +0.31% percent or +23.93 point. Germany’s DAX is trading at 12,729.44 up with +0.50% percent or +62.93 point. France’s CAC 40 is trading at 5,423.21 with a loss of -0.27% percent or -14.84 point. The Stoxx Europe 600 is trading at 384.97 up with +0.13% percent or +0.59 point.
Wednesday’s Factors and Events
Tuesday’s Activity
For the day the Dow is trading at 24,361.45 with a loss of -1.58% percent or -391.64 point. The S&P 500 is trading at 2,689.86 with a loss of -1.16% percent or -31.47 point. The Nasdaq Composite is trading at 7,396.59 with a loss of -0.50% percent or -37.26 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,623.65 with a loss of -0.20% percent or -3.28 point; the S&P 600 Small-Cap Index closed at 1,004.17 with a loss of -0.047% percent or -0.47 point; the S&P 400 Mid-Cap Index closed at 1,939.24 with a loss of -0.39% percent or -7.63 point; the S&P 100 Index closed at 1,180.34 with a loss of -1.19% percent or -14.19 point; the Russell 3000 Index closed at 1,601.62 with a loss of -1.01% percent or -16.39 point; the Russell 1000 Index closed at 1,493.93 with a loss of -1.08% percent or -16.34 point;
Stocks extended their losses throughout the day as European exchanges closed and the euro fell further against the dollar.
Concerns about a global credit blight and anemic interest rates appeared to weigh on U.S. financial stocks Tuesday, sending shares of the nation’s largest banks tumbling. Goldman Sachs, J.P. Morgan, Citigroup, Morgan Stanley and Bank of America all lost more than 3 percent.