U.S. stock futures lower in pre-market trading for , March 07.The Dow Futures is trading at 25,578.50 with a loss of -0.34% percent or -87.50 point.The S&P 500 Futures is trading at 2,764.38 with a loss of -0.26% percent or -7.12 point. The Nasdaq Futures is trading at 7,092.25 with a loss of -0.27% percent or -19.00 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,456.01 with a loss of -0.65% percent or -140.80 point. Hong Kong’s Hang Seng is trading at 28,883.59 with a loss of -0.53% percent or -154.01 point. China’s Shanghai Composite is trading at 3,121.81 up with +0.64% percent or +19.71 point. India’s BSE Sensex is trading at 36,672.41 up with +0.099% percent or +36.31 point at 12:15 PM.The FTSE 100 is trading at 7,156.57 with a loss of -0.55% percent or -39.43 point. Germany’s DAX is trading at 11,525.01 with a loss of -0.54% percent or -62.62 point. France’s CAC 40 is trading at 5,264.00 with a loss of -0.47% percent or -24.81 point. The Stoxx Europe 600 is trading at 373.56 with a loss of –0.51% percent or -1.95 point.
Thursday’s Factors and Events
U.S. stock index futures were lower Thursday morning as market players remain focused on U.S.-China relations.
Data out on Wednesday showed that the U.S. trade deficit remains a problem. President Donald Trump has imposed a series of tariffs on countries like China, in an attempt to bring down his country’s trade deficit. However, Wednesday’s data showed that trade deficit in the U.S. hit a 10-year high in December.
As trade talks between the world’s largest economies continue, there’s fresh tensions regarding Huawei. The Chinese firm filled a lawsuit against the U.S. government, claiming the law which bans it from selling equipment to government agencies is unconstitutional
For the day the Dow is trading at 25,673.46 with a loss of -0.52% percent or -133.17 point. The S&P 500 is trading at 2,771.45 with a loss of -0.65% percent or -18.20 point. The Nasdaq Composite is trading at 7,505.92 with a loss of -0.93% percent or -70.44 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,536.82 with a loss of -2.01% percent or -31.46 point; the S&P 600 Small-Cap Index closed at 945.78 with a loss of -1.97% percent or -19.05 point; the S&P 400 Mid-Cap Index closed at 1,881.47 with a loss of -1.38% percent or -26.30 point; the S&P 100 Index closed at 1,223.14 with a loss of -0.54% percent or -6.61 point; the Russell 3000 Index closed at 1,637.11 with a loss of -0.80% percent or -13.15 point; the Russell 1000 Index closed at 1,536.47 with a loss of -0.70% percent or -10.86 point.