Dow Futures Opening Update as on 09 May 2019

U.S. stock futures lower  in pre-market trading for , May 09.The Dow Futures is trading at 25,846.50  with a loss of -0.64% percent or -167.50 point. The S&P 500 Futures is trading at 2,868.12  with a loss of -0.66% percent or -19.13 point.The Nasdaq Futures is trading at 7,585.88 with a loss of -0.81% percent or -61.62 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,602.59 with a loss of -1.46% percent or -321.13 point. Hong Kong’s Hang Seng is trading at 28,975.69 a loss of -1.32% percent or -387.33   point. China’s Shanghai Composite is trading at 2,893.76 with a loss of -1.12% percent or -32.63 point. India’s BSE Sensex is trading at 37,946.53 a loss of – 0.86% percent or -330.10 point at 12:15 PM.The FTSE 100 is trading at 7,257.27   with a loss of -0.19% percent or -13.89 point. Germany’s DAX is trading at 12,097.62  with a loss of -0.68% percent or  -82.31 point. France’s CAC 40 is trading at 5,358.55 with a loss of -1.09% percent or -59.04 point. The Stoxx Europe 600 is trading at 379.61   with a loss of -0.69% percent or -2.62  point.

Thursday’s Factors and Events

U.S. government debt prices were higher on Thursday morning, on the back of growing tensions between the U.S. and China.

At around 02:10 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.471%, while the yield on the 30-year Treasury bond was also lower at around 2.883%.

Traders are closely following trade relations between the U.S. and China, as tensions continue to grow. On Wednesday, President Trump said that China “broke the deal.”

“By the way, you see the tariffs we’re doing? Because they broke the deal. They broke the deal,” Trump said. “So they’re flying in, the vice premier tomorrow is flying in — good man — but they broke the deal. They can’t do that, so they’ll be paying.”

Wednesday Activity

For the day the Dow is trading at 25,965.09 with a loss of -1.79% percent or -473.39  point. The S&P 500 is trading at 2,884.05 with a loss of -1.65% percent or -48.42 point. The Nasdaq Composite is trading at 7,963.76  wilth  a loss of -1.96% percent or -159.53 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,574.97 with a loss of -0.46% percent or -7.34 point; the S&P 600 Small-Cap Index closed at 963.63 with a loss of -0.76% percent or ?7.39 point; the S&P 400 Mid-Cap Index closed at 1,932.14  with a loss of -0.33% percent or -6.48 point; the S&P 100 Index closed at 1,276.40  with a loss of -0.18% percent or -2.36 point; the Russell 3000 Index closed at 1,698.73  with a loss of -0.18% percent or -3.10 point; the Russell 1000 Index closed at 1,595.83   with a loss of -0.16% or -2.56 point.

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