Dow Futures Opening Update as on 17 October 2018

U.S. stock futures lower  in pre-market trading for , October 17.The Dow Futures is trading at 25,724.00  with a loss of -0.22% percent or -58.00 point.The S&P 500 Futures is trading at 2,812.00 with a loss of -0.20% percent or -5.75 point.The Nasdaq Futures is trading at 7,338.00   with a loss of  -0.21% percent or -15.75 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,549.24 up with +1.25% percent or +277.94  point. Hong Kong’s Hang Seng is trading at 25,332.89    with a loss of -0.44% percent or -112.17 point. China’s Shanghai Composite is trading at 2,540.80   with a loss of  -1.06% percent or -27.30 point. India’s BSE Sensex is trading at 35,045.20  up  with +0.52% percent or +180.10  point at 12:15 PM.The FTSE 100 is trading at 7,079.30 UP with  +0.28% percent or +19.90 point. Germany’s DAX is trading at 11,724.69  with a loss of -0.44% percent or -51.86 point. France’s CAC 40 is trading at 5,163.13  with a loss of -0.19% percent or -9.91 point. The Stoxx Europe 600 is trading at 364.47   with a loss of -0.14% percent or -0.53 point.

Wednesday’s Factors and Events

Kim Forrest, senior portfolio manager at Fort Pitt Capital, said more companies should report stronger-than-expected earnings moving forward. “We were overly worried about the economy at the start of October,” Forrest said. “I think the bar has been set pretty low by sell-side analysts.”

Investors turned their eyes to Netflix after the close on Tuesday, as the company released its quarterly results. The company’s earnings easily beat analyst expectations and sent Netflix shares up more than 14 percent in after-hours trading.

Tuesday’s Activity

For the day the Dow is trading at 25,250.55  with  a loss of -0.35% percent or  -89.44 point. The S&P 500 is trading at 2,750.79 with a loss of  -0.59% percent or -16.34 point. The Nasdaq Composite is trading at 7,430.74 with a loss of -0.88% percent or -66.15 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,596.84 up with +2.82% percent or +43.74 point; the S&P 600 Small-Cap Index closed at 996.79 up with +2.71% percent or +26.26 point; the S&P 400 Mid-Cap Index closed at 1,918.39  up with +2.09% percent or  +39.25 point; the S&P 100 Index closed at 1,250.46  up with +2.12% percent or +25.97 point; the Russell 3000 Index closed at 1,659.24  up with +2.22% or  +36.11 point; the Russell 1000 Index closed at 1,554.25  up with  +2.18% percent or +33.13 point;

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