U.S. stock futures higher in pre-market trading for Thursday, July 05. The Dow Futures is trading at 24,244.00 up with +0.34% percent or +81.00 point.The S&P 500 Futures is trading at 2,725.00 up with +0.30% percent or +0.43% point.The Nasdaq Futures is trading at 7,051.00 up with +0.39% percent or +27.25 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,546.99 with a loss of -0.78% percent or -170.05 point. Hong Kong’s Hang Seng is trading at 27,933.90 with a loss of -1.09% percent or -307.77 point. China’s Shanghai Composite is trading at 2,731.43 with a loss of -1.00% percent or -27.70 point. India’s BSE Sensex is trading at 35,563.48 with a loss of -0.23% percent or -81.92 point at 12:15 PM.The FTSE 100 is trading at 7,603.45 up with +0.40% percent or +30.36 point. Germany’s DAX is trading at 12,442.89 up with +1.04% percent or +128.09 point. France’s CAC 40 is trading at 5,362.80 up with +0.80% percent or +42.31 point. The Stoxx Europe 600 is trading at 381.89 up with +0.48% percent or +1.92 point.
Thursday’s Factors and Events
Market anxiety surrounding a potential trade war between the U.S. and other major economies continues to rattle investors. Investors are turning their attention to Friday, when $34 billion worth of U.S. tariffs on China and the same amount of counter-duties are expected to take effect.
On Thursday, in economic data, ADP employment data is due at 8:15 a.m. ET, followed by jobless claims at 8:30 a.m. ET, services purchasing managers’ index at 9:45 a.m. ET, and the ISM non-manufacturing report at 10 a.m. ET.
The latest round of non-farm payrolls data — a key piece of data which provides clues to investors as to how the U.S. economy is performing – is due Friday.
For the day the Dow is trading at 24,174.82 with a loss of -0.54% percent or -132.36 point. The S&P 500 is trading at 2,713.22 with a loss of -0.49% percent or -13.49 point. The Nasdaq Composite is trading at 7,502.67 with a loss of -0.86% percent or -65.01 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,660.42 up with +0.32% percent or +5.33 point; the S&P 600 Small-Cap Index closed at 1,028.93 up with +0.16% percent or +1.65 point; the S&P 400 Mid-Cap Index closed at 1,957.35 up with +0.19% percent or +3.70 point; the S&P 100 Index closed at 1,191.76 with a loss of -0.64% percent or -7.70 point; the Russell 3000 Index closed at 1,618.04 with a loss of -0.39% percent or – 6.35 point; the Russell 1000 Index closed at 1,507.65 with a loss of -0.45% percent or -6.84 point;