U.S. stock lower in pre-market trading for,April 01.The Dow Futures is trading at 22,138.50 with a loss of -0.13% percent or -28.50 point.The S&P 500 Futures is trading at 2,604.75 with a loss of -0.25% percent or -6.50 point.The Nasdaq Futures is trading at 7,858.38 up with +0.05% percent or +3.63 point.
In other parts of world, Japan’s Nikkei 225 is trading at 18,065.41 with a loss of –4.50% percent or –851.60 point. Hong Kong’s Hang Seng is trading at 23,050.25 with a loss of –2.34%% percent or –553.23 point. China’s Shanghai Composite is trading at 2,734.52 with a loss of –0.57% percent or –15.77 point. India’s BSE Sensex is trading at 28,495.28 with a loss of –3.30% percent or –975.68 point at 12:15 PM.Germany’s DAX is trading at 9,546.98 with a loss of –3.91% percent or –388.86 point. France’s CAC 40 is trading at 4,205.00 with a loss of –4.35% percent or –191.11 point. The Stoxx Europe 600 is trading at 309.48 with a loss of -3.25% percent or -10.40 point.
Wednesday’s Factors and Events
the Dow Jones which managed to create the head and shoulders pattern after breaking the lower line of the wedge – remember this pattern is considered a bearish indicator. The price has already broken the neckline, which indicates that the sell signal is probably already active. Necklines like to be tested as resistances soon after a breakout, so watch out for a temporary bullish bounce.
For the day the Dow is trading at 22,327.48 up with +3.19% percent or +690.70 point. The S&P 500 is trading at 2,626.65 with +3.35% percent or +85.18 point. The Nasdaq Composite is trading at 7,774.15 with +3.62% percent or +271.77 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,158.32 with +2.33% percent or +26.33 point; the S&P 600 Small-Cap Index closed at 685.32 up with +2.30% percent or +15.44 point; the S&P 400 Mid-Cap Index closed at 1,459.15 up with +2.55% percent or +36.23 point; the S&P 100 Index closed at 1,204.14 up with +3.60% percent or +41.84 point; the Russell 3000 Index closed at 1,512.39 up with +3.14% percent or +46.03 point; the Russell 1000 Index closed at 1,439.13 with +3.19% or +44.47 point.