U.S. stock futures lower in pre-market trading for , March 08.The Dow Futures is trading at 25,379.00 with a loss of -0.35% percent or -88.00 point.The S&P 500 Futures is trading at 2,740.12 with a loss of -0.36% percent or -9.88 point. The Nasdaq Futures is trading at 6,994.25 with a loss of -0.47% percent or -33.25 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,025.56 with a loss of -2.01% percent or -430.45 point. Hong Kong’s Hang Seng is trading at 28,280.93 with a loss of -1.73% percent or -498.52 point. China’s Shanghai Composite is trading at 2,978.24 with a loss of -4.13% percent or -128.18 point. India’s BSE Sensex is trading at 36,708.7 with a loss of -0.045% percent or -16.66 point at 12:15 PM.The FTSE 100 is trading at 7,093.50 with a loss of -0.89% percent or -64.05 point. Germany’s DAX is trading at 11,438.50 with a loss of -0.69% percent or -79.30 point. France’s CAC 40 is trading at 5,239.48 with a loss of -0.54% percent or -28.43 point. The Stoxx Europe 600 is trading at 371.14 with a loss of -0.73% percent or -2.74 point.
Friday’s Factors and Events
U.S. stock index futures were lower on Friday, amid escalating concerns about a global economic slowdown.
At around 6:45 a.m. ET, Dow Jones Industrial Average futures slipped 103 points, indicating a drop of 107.23 points at the open. Futures on the S&P 500 and Nasdaq 100 were both seen slightly lower.
Market focus is largely attuned to economic data, after shockingly weak export figures from China exacerbated concerns about a global economic downturn.
The world’s second-largest economy reported on Friday that exports in February slumped 20.7 percent from a year earlier, far below analyst expectations and wiping out a surprise jump in January.
For the day the Dow is trading at 25,473.23 with a loss of -0.78% percent or -200.23 point. The S&P 500 is trading at 2,748.93 with a loss of -0.81% percent or -22.52 point. The Nasdaq Composite is trading at 7,421.46 with a loss of -1.13% percent or -84.46 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.