U.S. stock higher higher in pre-market trading for,Feb 04.The Dow Futures is trading at 28,668.50 up with +1.08% percent or +307.50 point.The S&P 500 Futures is trading at 3,281.88 up with +1.12% percent or +36.38 point.The Nasdaq Futures is trading at 9,231.00 up with +1.28% percent or +116.75 point.
In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 23,084.59 up with +0.49% percent or +112.65 point. Hong Kong’s Hang Seng is trading at 26,678.82 up with +1.22% percent or +321.84 point. China’s Shanghai Composite is trading at 2,783.29 up with 1.34% percent or +36.68 point. India’s BSE Sensex is trading at 40,673.89 up with +2.01% percent or +801.58 point at 12:15 PM.Germany’s DAX is trading at 13,203.51 up with +1.21% percent or +158.32 point. France’s CAC 40 is trading at 5,908.46 up with +1.30% percent or +75.95 point. The Stoxx Europe 600 is trading at 416.38 up with +1.13% percent or +4.66 point.
Tuesday’s Factors and Events
stock markets are ready to rip higher, led by Chinese equities, as optimism over that big cash injection by the People’s Bank of China and upbeat U.S. data on Monday are carrying over.
Neil Wilson, Markets.com’s chief market analyst, says if markets get through the rest of the week without a big escalation in Europe or U.S. coronavirus cases, then stocks will be in fighting mode — with the Dow DJIA, +0.51% reaching for 29,000 and the S&P 500 SPX, +0.73% aiming at 3,300.
Monday Activity
For the day the Dow is trading at 28,399.81 up with +0.51% percent or +143.78 point. The S&P 500 is trading at 3,248.92 up with +0.73% percent or +23.40 point. The Nasdaq Composite is trading at 9,273.40 up with +1.34% percent or +122.47 point
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,632.21 up with 1.12% percent or +18.14 point; the S&P 600 Small-Cap Index closed at 988.83 up with 0.92% percent or +8.99 point; the S&P 400 Mid-Cap Index closed at 2,028.61 with 1.07% percent or +21.39 point; the S&P 100 Index closed at 1,457.54 up with +0.75% percent or +10.83 point; the Russell 3000 Index closed at 1,903.63 up with +0.83% percent or +15.60 point; the Russell 1000 Index closed at 1,798.41 up with +0.81% or +14.38 point.