Dow Futures Opening Update as on 10 August 2018

U.S. stock futures lower  in pre-market trading for Friday, August 10.The Dow Futures is trading at 25,394.00  with a loss of -0.39% percent or -99.00 point.The S&P 500 Futures is trading at 2,841.75  with a loss of -0.42% percent or -12.00 point.The Nasdaq Futures is trading at 7,436.00  with a loss of -0.53% percent or -38.00 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,298.08 with a loss of -1.33% percent or -300.31 point. Hong Kong’s Hang Seng is trading at 28,397.71  with a loss of -0.73% percent or -209.59 point. China’s Shanghai Composite is trading at 2,795.31 up with +0.033% percent or +0.93  point. India’s BSE Sensex is trading at 37,957.63  with a loss of -0.18% percent or -66.74 point at 12:15 PM.The FTSE 100 is trading at 7,693.47 with a loss of -0.62% percent or -48.30 point. Germany’s DAX is trading at 12,477.55 with a loss of -1.57% percent or -198.56 point. France’s CAC 40 is trading at 5,441.68  with a loss of -1.10% percent or -60.56 point. The Stoxx Europe 600 is trading at 386.80 with a loss of -0.83% percent or -3.26 point.

Friday’s Factors and Events

Turkish President Recep Tayyip Erdogan told his country “there are various campaigns being carried out” against Turkey, helping send the lira to a fresh all-time low against dollar.

Erdogan made his comments after the U.S. announced on Aug. 1 sanctions on Turkey’s justice and interior ministers, prohibiting U.S. citizens from doing business with them. The move by the U.S. comes as Turkey refuses to free Andrew Brunson, an American evangelical pastor that was detained in 2016 on accusations of trying to overthrow the government after a failed coup earlier that year.

The U.S. remains embroiled in a trade dispute with China, meanwhile on Wednesday the States announced that it planned to inflict sanctions on Russia over its alleged chemical poisoning of an ex-spy in England earlier this year.

Thursday’s Activity

For the day the Dow is trading at 25,509.23 with a loss of -0.29% percent or -74.52 point. The S&P 500 is trading at 2,853.58 with  a loss of -0.14% percent or -4.12 point. The Nasdaq Composite is trading at 7,891.78 up with +0.044% percent or +3.46 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,298.08 with a loss of -1.33% percent or -300.31 point. Hong Kong’s Hang Seng is trading at 28,397.71  with a loss of -0.73% percent or -209.59 point. China’s Shanghai Composite is trading at 2,795.31 up with +0.033% percent or +0.93  point. India’s BSE Sensex is trading at 37,957.63  with a loss of -0.18% percent or -66.74 point at 12:15 PM.

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