Dow Futures Opening Update as on 13 August 2018

U.S. stock futures lower  in pre-market trading for Monday, August 13.The Dow Futures is trading at 25,229.00 with a loss of -0.40% percent or -102.00 point.The S&P 500 Futures is trading at 2,826.00 with a loss of -0.38% percent or -10.75 point.The Nasdaq Futures is trading at 7,392.75 with a loss of -0.46% percent or -34.25 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,857.43 with a loss of -1.98% percent or -440.65 point. Hong Kong’s Hang Seng is trading at 27,944.59 with a loss of -1.49% percent or -422.03 point. China’s Shanghai Composite is trading at 2,785.8 with a loss of  -0.34% percent or  -9.44  point. India’s BSE Sensex is trading at 37,747.46 with a loss of -0.32% percent or -121.77 point at 12:15 PM.The FTSE 100 is trading at 7,630.18 with a loss of -0.48% percent or -36.83 point. Germany’s DAX is trading at 12,347.30 with a loss of -0.62% percent or -77.05 point. France’s CAC 40 is trading at 5,396.85  with a loss of -0.33% percent or -17.82 point. The Stoxx Europe 600 is trading at 383.91 with a loss of -0.49% percent or -1.92 point.

Monday’s Factors and Events

Stocks, too, continue to see red, after Turkey’s financial troubles sparked fear of contagion and the country’s currency took a deep slide. On Friday, the lira temporarily tumbled 20 percent against the U.S. dollar, after President Donald Trump said that he supported doubling metal tariffs on Ankara.

While the lira pared some losses over the weekend — after the Turkish central bank moved to improve liquidity and while Turkey’s finance minister said the government had outlined an action plan to alleviate concerns — it still lost more than 45 percent of its value during this year alone, according to Reuters.

Friday’s Activity

For the day the Dow is trading at 25,313.14 with a loss of -0.77% percent or -196.09 point. The S&P 500 is trading at 2,833.28 with  a loss of -0.71% percent or -20.30 point. The Nasdaq Composite is trading at 7,839.11 up with -0.67% percent or -52.67 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,857.43 with a loss of -1.98% percent or -440.65 point. Hong Kong’s Hang Seng is trading at 27,944.59 with a loss of -1.49% percent or -422.03 point. China’s Shanghai Composite is trading at 2,785.8 with a loss of  -0.34% percent or  -9.44  point. India’s BSE Sensex is trading at 37,747.46 with a loss of -0.32% percent or -121.77 point at 12:15 PM.

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