Dow Futures Opening Update as on 24 September 2018

U.S. stock futures lower  in pre-market trading for Monday, September 24.The Dow Futures is trading at 26,723.00  with  a loss of -0.12% percent or  -31.00 point.The S&P 500 Futures is trading at 2,929.50  with  a loss of -0.14% percent or -4.00 point.The Nasdaq Futures is trading at 7,523.25  with  a loss of -0.36% percent or -27.25 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 23,869.93 up with +0.82% percent or +195.00 point. Hong Kong’s Hang Seng is trading at 27,472.22  with a loss of – 1.72% percent or  -481.36 point. China’s Shanghai Composite is trading at 2,797.48  up with +2.50% percent or  +68.24 point. India’s BSE Sensex is trading at 36,307.48 with  a loss of -1.45% percent or -534.12 point at 12:15 PM.The FTSE 100 is trading at 7,473.09  with a loss of  -0.23% percent or -17.14  point. Germany’s DAX is trading at 12,386.99  with  a loss of -0.35% percent or  -43.89 point. France’s CAC 40 is trading at 5,483.01   with a loss of -0.20% percent or  -11.16 point. The Stoxx Europe 600 is trading at 383.36  with  a loss of  -0.24% percent or  -0.98  point.

Monday’s Factors and Events

U.S. stock index futures fell ahead of Monday’s open as the trade war between the U.S. and China escalated with further tariffs and the cancellation of trade talks between the two countries is cancelled.

The Wall Street Journal first reported late Friday that China had cancelled talks with the U.S. on trade as both countries impose tariffs on billions of dollars worth of their goods. The two sides were set to meet in order to dial back tensions, but the Journal reported that China rescinded a proposal to send two delegations to Washington. Other news outlets matched The Journal’s reporting throughout the weekend.

Friday’s Activity

For the day the Dow is trading at 26,743.50  up with +0.32% percent or +86.52 point. The S&P 500 is trading at 2,929.67  with a loss of -0.037% percent or -1.08 point. The Nasdaq Composite is trading at 7,986.96  with  a loss of -0.51% percent or -41.28 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,712.32   with a loss of -0.46% percent or -7.87 point; the S&P 600 Small-Cap Index closed at 1,074.35 with a loss of -0.52% percent or  -5.57 point; the S&P 400 Mid-Cap Index closed at 2,041.36  with a loss of -0.19% percent or -3.84 point; the S&P 100 Index closed at 1,298.14  with  a loss of -0.097% percent or -1.26 point; the Russell 3000 Index closed at 1,736.43 with  a loss of -0.089% percent or  -1.54 point; the Russell 1000 Index closed at 1,623.33  with  a loss of -0.059% percent or -0.95 point;

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