U.S. stock futures higher in pre-market trading for,September 09 The Dow Futures is trading at 26,860.50 up with +0.20% percent or +52.50 point.The S&P 500 Futures is trading at 2,987.38 up with +0.22% percent or +6.63 point.The Nasdaq Futures is trading at 7,872.00 up with +0.18% percent or +14.25 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,318.42 up with +0.56% percent or +118.85 point. Hong Kong’s Hang Seng is trading at 26,692.69 up with +0.0072% percent or +1.93 point. China’s Shanghai Composite is trading at 3,024.74 up with +0.84% percent or +25.14 point. India’s BSE Sensex is trading at 37,210.27 up with +0.62% percent or +228.50 point at 12:15 PM.The FTSE 100 is trading at 7,241.69 with a loss of –0.56% percent or –40.65 point. Germany’s DAX is trading at 12,224.07 up with +0.27% percent or +32.34 point. France’s CAC 40 is trading at 5,598.74 with a loss of –0.094% percent or –5.25 point. The Stoxx Europe 600 is trading at 387.19 up with +0.01% percent or +0.03 point.
Monday’s Factors and Events
“The fact that the major indices hit new five-week highs in a concerted fashion confirms the end of the August pullback, and barring another twist in the trade war, a larger scale rally is likely underway in the stock market,” said Ken Berman, founder of Gorilla Trades, in a note.
The U.S. economy added 130,000 jobs in August, the Labor Department said Friday. This marked the third straight monthly slowdown in jobs growth. Economists polled by Dow Jones expected jobs to grow by 150,000 last month. Unemployment remained steady at a rate of 3.7% while wages grew more than expected. Wages expanded by 0.4% on a month-over-month basis and by 3.2% year over year.
For the day the Dow is trading at 26,797.46 up with +0.26% percent or +69.31 point. The S&P 500 is trading at 2,978.71 up with +0.091% percent or +2.71 point. The Nasdaq Composite is trading at 8,103.07 with a loss of –0.17% percent or –13.75 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,505.17 with a loss of –0.37% percent or -5.58 point; the S&P 600 Small-Cap Index closed at 930.11 with a loss of –0.25% percent or -2.29 point; the S&P 400 Mid-Cap Index closed at 1,911.51 with a loss of –0.059% percent or -1.12 point; the S&P 100 Index closed at 1,315.73 up with +0.017% percent or +0.22 point; the Russell 3000 Index closed at 1,743.61 up with +0.041% percent or +0.71 point; the Russell 1000 Index closed at 1,646.45 up with +0.069% or +1.13 point.