Dow Futures Opening Update as on 17 January 2019

U.S. stock futures lower  in pre-market trading for , January 17.The Dow Futures is trading at 24,091.00  with a loss of -0.25% percent or -60.00 point.  The S&P 500 Futures is trading at 2,604.62  with a loss of -0.33% percent or -8.63 point.The Nasdaq Futures is trading at 6,638.75   with a loss of -0.41% percent or -27.50 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 20,402.27 with a loss of -0.20% percent or -40.48 point. Hong Kong’s Hang Seng is trading at 26,799.15  with a loss of -0.38% percent or -102.95 point. China’s Shanghai Composite is trading at 2,559.64  with a loss of -0.42% percent or  -10.79 point. India’s BSE Sensex is trading at 36,329.46  up with +0.022% percent or +8.17 point at 12:15 PM.The FTSE 100 is trading at 6,832.17 with a loss of -0.44% percent or -30.51 point. Germany’s DAX is trading at 10,901.03 with a loss of -0.28% percent or -30.21 point. France’s CAC 40 is trading at 4,791.76  with a loss of -0.39% percent or -18.98 point. The Stoxx Europe 600 is trading at 350.05 with a loss of -0.15% percent or -0.53 point.

Thursday’s Factors and Events

U.S. stock futures traded lower on Thursday amid a flurry of corporate results, worries over China’s economy and Brexit uncertai.

Overnight on Wall Street, stocks rose as investors cheered strong quarterly earnings from major banks like Goldman Sachs and Bank of America. In its latest report on the economy, the Federal Reserve said on Wednesday that labor markets have tightened across the country as businesses struggled to find workers at any skill level while wages grew moderately.

Such concerns appeared to weigh on investor sentiment Thursday. Recent data has shown signs of weakness in China’s economy, a sensitive issue as Beijing tries to resolve its trade dispute with the Trump administration over the course of a 90-day tariffs truce. The two countries have targeted each other’s economies with new duties on billions of dollars’ worth of imports.

Wednesday’s Activity

For the day the Dow is trading at 24,207.16 up with +0.59% percent or +141.57 point. The S&P 500 is trading at 2,616.10 up with +0.22% percent or +5.80 point. The Nasdaq Composite is trading at +7,034.69 up with +0.15% percent or +10.86 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,454.70  up with +0.66% percent or +9.48 point; the S&P 600 Small-Cap Index closed at 906.84 up with +0.79% percent or +7.07  point; the S&P 400 Mid-Cap Index closed at 1,775.90 up with +0.68% percent or +12.00 point; the S&P 100 Index closed at 1,159.94  up with +0.22% percent or +2.49 point; the Russell 3000 Index closed at 1,543.35  up with +0.30% percent or + 4.58 point; the Russell 1000 Index closed at 1,448.03  up with +0.27% percent or +3.90  point.