Dow Futures Opening Update as on 21 November 2018

U.S. stock futures higher  in pre-market trading for , November 21.The Dow Futures is trading at 24,561.00 up with +0.51% percent or +124.00 point. The S&P 500 Futures is trading at 2,655.25  up with  +0.58% percent or +15.25 point. The Nasdaq Futures is trading at 6,587.50 up with  +0.84% percent or +54.00 point.

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 21,507.54 with a loss of -0.35% percent or -75.58 point. Hong Kong’s Hang Seng is trading at 25,916.80 up with +0.30% percent or +76.46 point. China’s Shanghai Composite is trading at 2,651.51 up with +0.21% percent or  +5.65 point. India’s BSE Sensex is trading at 2,651.51 up with +0.21% percent or +5.65 point at 12:15 PM.The FTSE 100 is trading at 6,996.84 up with +0.70% percent or +48.92 point. Germany’s DAX is trading at 11,139.69 up  with+ 0.66% percent or +73.28 point. France’s CAC 40 is trading at 4,942.22 up with +0.35% percent or +17.33  point. The Stoxx Europe 600 is trading at 352.37 up with +0.37% percent or +1.34  point

Wednesday’s Factors and Events

Dow Jones Industrial Average futures were down 131 points, indicating a lower open of 112.27 points. Nasdaq 100 and S&P 500 futures also pointed to lower opening trades.

The VanEck Vectors Semiconductor ETF (SMH) fell 3.4 percent in the premarket after Nvidia reported weaker-than-expected revenue for its previous quarter. The company also posted disappointing guidance, sending the stock down nearly 18 percent before the bell.

The weakness in chip stocks dragged the technology sector, with the Technology Select Sector ETF (XLK) falling 1.1 percent in the premarket.

Tuesday’s Activity

For the day the Dow is trading at 24,465.64  with a loss of -2.21% percent or  -551.80 point. The S&P 500 is trading at 2,641.89  with a loss of -1.82% percent or -48.84 point. The Nasdaq Composite is trading at 6,908.82  with a loss of -1.70% percent or -119.65  point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,469.01  with  a loss of -1.84% percent or -27.53 point; the S&P 600 Small-Cap Index closed at 928.33  with a loss of -1.84% percent or -17.41  point; the S&P 400 Mid-Cap Index closed at 1,807.92 with  a loss of -1.69% percent or -31.08 point; the S&P 100 Index closed at 1,169.94 with a loss of -1.97% percent or -23.55 point; the Russell 3000 Index closed at 1,555.42  with a loss of -1.78% percent or -28.19 point; the Russell 1000 Index closed at 1,459.17  with a loss of -1.78% percent or -26.38 point;