U.S. stock futures higher in pre-market trading for , April 12.The Dow Futures is trading at 26,296.00 up with +0.62% percent or +163.00 point.The S&P 500 Futures is trading at 2,904.12 up with +0.43% percent or +12.37 point.The Nasdaq Futures is trading at 7,647.75 up with +0.40% percent or +30.50 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,870.56 up with +0.73% percent or +159.18 point. Hong Kong’s Hang Seng is trading at 29,764.44 with a loss of -0.25% percent or -75.01 point. China’s Shanghai Composite is trading at 3,188.63 with a loss of -0.042% percent or -1.34 point. India’s BSE Sensex is trading at 38,593.57 with a loss of -0.035% percent or -13.44 point at 12:15 PM.The FTSE 100 is trading at 7,449.75 up with +0.43% percent or +31.80 point. Germany’s DAX is trading at 11,998.03 up with +0.53% percent or +62.83 point. France’s CAC 40 is trading at 5,500.84 up with +0.28% percent or +15.13 point. The Stoxx Europe 600 is trading at 387.30 up with +0.10% percent or +0.36 point.
Friday’s Factors and Events
.P. Morgan Chase jumped more than 2% in the premarket as Wall Street cheered the company’s quarterly numbers. The bank’s better-than-forecast profit was driven by the “impact of higher rates. ” Wells Fargo is also scheduled to release its first-quarter earnings later on Friday.
Investors came into the season expecting it to be a tough one for companies. FactSet expected first-quarter earnings to have fallen 4.2% in the first quarter.
Sentiment was also boosted on Friday by a massive deal in the energy sector. Dow member Chevron announced plans to acquire Anadarko Petroleum for $33 billion in cash and stock. The deal values Anadarko at a 37% premiumfrom the stock’s close on Thursday. Anadarko shares jumped 30% in the premarket while Chevron fell 4.3%
For the day the Dow is trading at 26,143.05 with a loss of -0.054% percent or –14.11 point. The S&P 500 is trading at 2,888.32 up with +0.0038% percent or +0.11 point. The Nasdaq Composite is trading at 7,947.36 with a loss of -0.21% percent or -16.88 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,579.14 with a loss of -0.15% percent or -2.41 point; the S&P 600 Small-Cap Index closed at 965.77 with a loss of -0.17% percent or -1.67 point; the S&P 400 Mid-Cap Index closed at 965.77 with a loss of -0.17% percent or –1.67 point; the S&P 100 Index closed at 1,273.18 with a loss of -0.048% percent or -0.61 point; the Russell 3000 Index closed at 1,704.43 with a loss of -0.0092% percent or -0.16 point; the Russell 1000 Index closed at 1,601.27 up with +0.022% or +0.35 point.