U.S. stock futures higher in pre-market trading for , August 29 The Dow Futures is trading at 26,291.00 up with +0.98% percent or +254.00 point. The S&P 500 Futures is trading at 2,915.38 up with +0.89% percent or +25.63 point.The Nasdaq Futures is trading at 7,686.75 up with +1.15% percent or +87.50 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 20,460.93 with a loss of –0.090% percent or –18.49 point. Hong Kong’s Hang Seng is trading at 25,703.50 up with +0.34% percent or +88.02 point. China’s Shanghai Composite is trading at 2,890.92 with a loss of –0.098% percent or –2.84 point. India’s BSE Sensex is trading at 37,238.60 with a loss of –0.57% percent or –213.24 point at 12:15 PM.The FTSE 100 is trading at 7,191.12 up with +1.09% percent or +77.53 point. Germany’s DAX is trading at 11,836.92 up with 1.16% percent or +133.56 point. France’s CAC 40 is trading at 5,445.63 up with +1.43% percent or +76.83 point. The Stoxx Europe 600 is trading at 376.89 up with +1.05% percent or +3.94 point.
Thursday’s Factors and Events
U.S. stock index futures turned positive Thursday after China said it wished to resolve its protracted trade dispute with the world’s largest economy with a “calm ” attitude.
At around 7:10 a.m. ET, Dow Jones Industrial Average futures rose 263 points, indicating a gain of more than 274 points at the open. Futures on the S&P 500 and Nasdaq 100 were both higher, reversing earlier losses.
When asked about its ongoing trade war with the U.S., China’s commerce ministry reportedly said Thursday that it was opposed to escalating trade tensions. The comments appeared to soothe investor concerns at a time when many are worried about the possibility of a global recession.
For the day the Dow is trading at 26,036.10 up with +1.00% percent or +258.20 point. The S&P 500 is trading at 2,887.94 with 0.65% percent or +18.78 point. The Nasdaq Composite is trading at 7,856.88 up with +0.38% percent or +29.94 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,472.71 up with +1.15% percent or +16.67 point; the S&P 600 Small-Cap Index closed at 906.02 up with +1.21% percent or +10.80 point; the S&P 400 Mid-Cap Index closed at 1,849.95 up with +0.95% percent or +17.32 point; the S&P 100 Index closed at 1,276.24 up with +0.65% percent or +8.18 point; the Russell 3000 Index closed at 1,692.37 with 0.67% percent or +11.20 point; the Russell 1000 Index closed at 1,597.19 up with +0.63% or +10.05 point.