U.S. stock higher lower in pre-market trading for,Feb 13.The Dow Futures is trading at 29,309.00 with a loss of -0.72% percent or -214.00 point.The S&P 500 Futures is trading at 3,356.38 with a loss of -0.71% percent or -24.12 point.The Nasdaq Futures is trading at 9,535.00 with a loss og -0.94% percent or -90.75 point.
In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 23,827.73 with a loss of –0.14% percent or –33.48 point. Hong Kong’s Hang Seng is trading at 27,739.60 with a loss of –0.30% percent or –84.06 point. China’s Shanghai Composite is trading at 2,906.07 with a loss of –0.71% percent or –20.83 point. India’s BSE Sensex is trading at 41,360.50 with a loss of –0.49% percent or –205.40 point at 12:15 PM.Germany’s DAX is trading at 13,608.95 with a loss of –1.02% percent or –140.83 point. France’s CAC 40 is trading at 6,030.31 with a loss of –1.22% percent or –74.41 point. The Stoxx Europe 600 is trading at 426.72 with a loss of -1.03% percent or –4.44 point.
Thursday’s Factors and Events
Hubei’s health commission said it started including cases diagnosed with a new method. Uncertainty about the virus, which emerged in Hubei’s capital Wuhan late last year and has spread to 24 other countries, has shaken up markets over the past weeks.
“When you see numbers like this, you can’t help but move to risk-off trades, which means buy the yen and sell stocks,” said Ayako Sera, market strategist at Sumitomo Mitsui Trust Bank in Tokyo.
“If the authorities can reasonably explain this, things might calm down, but I expect risk aversion to continue.”
Wednesday Activity
For the day the Dow is trading at 29,551.42 up with +0.94% percent or +275.08 point. The S&P 500 is trading at 3,379.45 up with +0.65% percent or +21.70 point. The Nasdaq Composite is trading at 9,725.96 up with +0.90% percent or +87.02 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,689.38 up with +0.71% percent or +11.86 point; the S&P 600 Small-Cap Index closed at 1,019.72 up with +0.67% percent or +6.75 point; the S&P 400 Mid-Cap Index closed at 2,091.35 with +0.71% percent or +14.68 point; the S&P 100 Index closed at 1,517.81 up with +0.63% percent or +9.48 point; the Russell 3000 Index closed at 1,977.99 up with +0.65% percent or +12.81 point; the Russell 1000 Index closed at 1,869.15 up with +0.65% or +12.04 point.