U.S. stock futures lower in pre-market trading for,Jan 03.The Dow Futures is trading at 28,558.50 with a loss of -0.98% percent or -282.50 point.The S&P 500 Futures is trading at 3,222.62 with a loss of -1.12% percent or -36.38 point.The Nasdaq Futures is trading at 8,773.00 with a loss of -1.34% percent or -118.75 point.
In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 23,656.62 with a loss of –0.76% percent or -181.10 point. Hong Kong’s Hang Seng is trading at 28,477.51 with a loss of –0.23% percent or –66.01 point. China’s Shanghai Composite is trading at 3,083.79 with a loss of –0.046% percent or –1.41 point. India’s BSE Sensex is trading at 41,466.03 with a loss of –0.39% percent or –160.61 point at 12:15 PM.Germany’s DAX is trading at 13,164.54 with a loss of –1.65% percent or –221.39 point. France’s CAC 40 is trading at 6,012.24 with a loss of –0.48% percent or –29.25 point. The Stoxx Europe 600 is trading at 416.54 with a loss of -0.76% percent or -3.23 point.
Friday’s Factors and Events
Gains for U.S. stocks followed a rally for Asian and European markets that analysts attributed in part to the decision by China’s central bank to announce it would reduce the portion of deposits its commercial banks are required to set aside as reserves. The 0.5-percentage-point cut in the reserve requirement ratio by the People’s Bank of China will inject more than 800 billion yuan ($114.9 billion) into the financial system.
For the day the Dow is trading at 28,868.80 up with +1.16% percent or +330.36 point. The S&P 500 is trading at 3,257.85 up with +0.84% percent or +27.07 point. The Nasdaq Composite is trading at 9,092.19 up with +1.33% percent or +119.58 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,666.77 with a loss of -0.10% percent or -1.70 point; the S&P 600 Small-Cap Index closed at 1,020.83 with a loss of –0.034% percent or -0.35 point; the S&P 400 Mid-Cap Index closed at 2,065.19 up with +0.11% percent or +2.17 point; the S&P 100 Index closed at 1,458.13 up with +1.11% percent or +15.96 point; the Russell 3000 Index closed at 1,906.50 up with +0.75% percent or +14.26 point; the Russell 1000 Index closed at 1,798.72 up with +0.81% or +14.52 point.