U.S. stock futures higher in pre-market trading for , May 21 The Dow Futures is trading at 25,836.50 up with +0.55% percent or +140.50 point.The S&P 500 Futures is trading at 2,861.12 up with +0.60% percent or +17.12 point.The Nasdaq Futures is trading at 7,461.50 up with +0.94% percent or +69.75 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,272.45 with a loss of -0.14% percent or -29.28 point. Hong Kong’s Hang Seng is trading at 27,753.00 with a loss of -0.12% percent or -34.61 point. China’s Shanghai Composite is trading at 2,907.55 up with +1.29% percent or +36.94 point. India’s BSE Sensex is trading at 39,407.05 up with +0.14% percent or +54.38 point at 12:15 PM.The FTSE 100 is trading at 7,363.02 up with +0.71% percent or +52.14 point. Germany’s DAX is trading at 12,175.16 up with +1.11% percent or +133.87 point. France’s CAC 40 is trading at 5,393.13 up with +0.64% percent or +34.55 point. The Stoxx Europe 600 is trading at 380.10 up with +0.69% percent or +2.64 point.
Tuesday’s Factors and Events
The U.S. Commerce Department said it would allow Huawei to purchase American-made goods in order to maintain existing networks and provide software updates to existing Huawei handsets until Aug. 19.
Shares of chipmakers like Micron Technology, Qualcomm and Xilinx all rose more than 2%. Nvidia and Lam Research gained 1.5% and 1.8%, respectively.
The temporary easing of trade restrictions won some respite with market participants ahead of Tuesday’s opening bell. However, an increasingly fraught atmosphere between Washington and Beijing has kept financial markets on edge, with investors abandoning any hopes of an early resolution to the protracted trade dispute.
For the day the Dow is trading at 25,679.90 with a loss of -0.33% percent or -84.10 point. The S&P 500 is trading at 2,840.23 with a loss of -0.67% percent or -19.30 point. The Nasdaq Composite is trading at 7,702.38 with a loss of -1.46% percent or -113.91 point..
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,524.96 with a loss of -0.70% percent or -10.80 point; the S&P 600 Small-Cap Index closed at 928.23 with a loss of -0.68% percent or -6.33 point; the S&P 400 Mid-Cap Index closed at 1,875.69 with a loss of -0.73% percent or -13.71 point; the S&P 100 Index closed at 1,258.85 with a loss of -0.68% percent or -8.56 point; the Russell 3000 Index closed at 1,672.09 with a loss of -0.70% percent or -11.84 point; the Russell 1000 Index closed at 1,572.77 with a loss of -0.70% or -11.13 point.