Dow Futures Opening Update as on 27 May. 2020

U.S. stock  higher in pre-market trading for,May 27.The Dow Futures is trading at 25,338.00 up with +1.34% percent or +336.00 point.The S&P 500 Futures is trading at 3,027.62  up with +1.11% percent or +33.12 point.The Nasdaq Futures is trading at 9,472.62 up with +0.70% percent or +66.12 point.

In other parts of world, Japan’s Nikkei 225 is trading at up 21,419.23 up with +0.70% percent or +148.06 point. Hong Kong’s Hang Seng is trading at 23,154.59  with a loss of –0.98% percent or –230.07 point. China’s Shanghai  Composite is trading at 2,832.76 with a loss of –0.48% percent or –13.79 point. India’s BSE Sensex is trading at 30,857.14 up with +0.81% percent or +0.81%  point at 12:15 PM.Germany’s DAX is trading at 11,712.75 up with +1.81% percent or +208.10 point. France’s CAC 40 is trading at 4,698.59 up with +2.00% percent or +92.35 point. The Stoxx Europe 600 is trading at 351.64 up with +0.78% percent or +2.72 point.

Wednesday’s Factors and Events

On Wednesday morning, futures on S&P 500 returned to growth, adding 0.5% and trading above 3000 again. However, Asian indices are no longer following this growth, citing increased concerns around protests in Hong Kong.

Professional investors in the US, whose activity prevails at the close of trading, seem to have paid more attention to the alarming signals of consumer activity as Consumer confidence index rose just to 86.6 in May from 85.7 a month earlier, still sharply lower than its recent peak in February on 132.6. Business activity indices are recovering much faster, but consumers remain in “crisis mode”, which is a worrying signal for future spending.

Tuesday Activity

For the day the Dow is trading at 24,995.11  up with +2.17% percent or +529.95 point. The S&P 500 is trading at 2,991.77 up with +1.23% percent or +36.32 point. The Nasdaq Composite is trading at 9,340.22 up with +0.17% percent or +15.63 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,393.07 up with +2.77% percent or +37.54 point; the S&P 600 Small-Cap Index closed at 1,393.07 up with 2.77% percent or +37.54 point; the S&P 400 Mid-Cap Index closed at 1,753.03 up with +3.40% percent or +57.70point; the S&P 100 Index closed at 1,369.98 with +0.81%percent or +11.04  point; the Russell 3000 Index closed at 1,742.44 up with +1.38% percent or +23.77 point; the Russell 1000 Index closed at 1,653.62 up with +1.30% or +21.16  point.

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