Dow Futures Opening Update as on 20 May 2019

U.S. stock futures lower  in pre-market trading for , May 20 The Dow Futures is trading at 25,689.00 with a loss of -0.35% percent or -91.00 point.The S&P 500 Futures is trading at 2,849.12  with a loss of -0.45% percent or -12.88 point.The Nasdaq Futures is trading at 7,433.50 with a loss of -1.04% percent or -78.00 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,301.73 up with +0.24% percent or +51.64 point. Hong Kong’s Hang Seng is trading at 27,763.39 with a loss of -0.66% percent or -178.29   point. China’s Shanghai Composite is trading at 2,855.45  with a loss of -0.93% percent or -26.84 point. India’s BSE Sensex is trading at 38,949.72 up with +2.69% percent or +1,018.95 point at 12:15 PM.The FTSE 100 is trading at 7,289.34  with a loss of -0.81% percent or -59.28 point. Germany’s DAX is trading at 12,101.35 with a loss of -1.12% percent or  -137.59 point. France’s CAC 40 is trading at 5,375.24 with a loss of -1.16% percent or -62.99 point. The Stoxx Europe 600 is trading at 378.09 with a loss of -0.90% percent or -3.53 point.

Monday’s Factors and Events

President Donald Trump’s administration added Chinese telecom company Huawei to a trade blacklist. The announcement prompted Alphabet’sGoogle to suspend business with Huawei that involves the transfer of hardware, software and key technical services.

It means Huawei can no longer license Google’s proprietary Android operating system and other services that it offers. Instead, Huawei is now only able to use a public version of Google’s operating system through the Android Open Source Project.

Friday Activity

For the day the Dow is trading at 25,764.00 with a loss of -0.38% percent or -98.68   point. The S&P 500 is trading at 2,859.53 with a loss of -0.58% percent or -16.79 point. The Nasdaq Composite is trading at 7,816.28 with a loss of -1.04% percent or -81.76 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,535.76  with a loss of -1.38% percent or -21.48 point; the S&P 600 Small-Cap Index closed at 934.56 with a loss of -1.56% percent or -14.78 point; the S&P 400 Mid-Cap Index closed at 1,889.40 with a loss of -1.15% percent or -22.01 point; the S&P 100 Index closed at 1,267.41 with a loss of -0.54% percent or -6.91 point; the Russell 3000 Index closed at 1,683.93 with a loss of -0.69% percent or -11.67 point; the Russell 1000 Index closed at 1,583.91  with a loss of -0.64% or -10.14 point.

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