U.S. stock higher in pre-market trading for,May 04.The Dow Futures is trading at 23,951.00 up with +0.80% percent or +190.00 point.The S&P 500 Futures is trading at 2,880.88 up with +0.79% percent or +22.63 point.The Nasdaq Futures is trading at 8,994.62 up with +0.79% percent or +70.37 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,619.35 with a loss of –2.84% percent or –574.34 point. Hong Kong’s Hang Seng is trading at 24,190.23 up with +1.35%percent or +321.57 point. China’s Shanghai Composite is trading at 2,878.14 up with +0.63% percent or +18.06 point. India’s BSE Sensex is trading at 31,790.68 with +1.07% percent or +337.17 point at 12:15 PM.Germany’s DAX is trading at 10,741.20 up with +0.11% percent or +11.74 point. France’s CAC 40 is trading at 4,477.54 with a loss of –0.12% percent or –5.59 point. The Stoxx Europe 600 is trading at 336.77 up with +0.38% percent or +1.27 point.
Wednesday’s Factors and Events
A survey published last week from Longwoods International, a market research firm focused on the travel industry, found that 82 percent of Americans have already changed their travel plans for the next six months because of the coronavirus. Fifty percent said they would cancel trips, and 45 percent expect to reduce travel in that time frame, according to the survey of 1,000 American adults.
“What we have seen since the country went into shutdown with talks to reopen is that intent was directionally heading up,” said Amir Eylon, the firm’s president and CEO, who has been conducting regular surveys since the pandemic was declared. “But now we’re seeing a plateau.”
For the day the Dow is trading at 23,883.09 up with +0.56% percent or +133.33 point. The S&P 500 is trading at 2,868.44 up with +0.90% percent or +25.70 point. The Nasdaq Composite is trading at 8,809.12 up with +1.13% percent or +98.41 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,273.51 up with +0.75% percent or +9.54 point; the S&P 600 Small-Cap Index closed at 738.71 up with +0.37% percent or +2.69 point; the S&P 400 Mid-Cap Index closed at 1,607.11 up with +0.98% percent or +15.61 point; the S&P 100 Index closed at 1,318.69 up with +0.83% percent or +10.88 point; the Russell 3000 Index closed at 1,658.61 up with +0.94% percent or +15.40 point; the Russell 1000 Index closed at 1,578.03 up with +0.95% or +14.83 point.