U.S. stock higher in pre-market trading for,August 17.The Dow Futures is trading at 27,852.00 up with +0.22% percent or +60.00 point.The S&P 500 Futures is trading at 3,371.62 up with +0.30% percent or +10.12 point.The Nasdaq Futures is trading at 11,202.50 with +0.62% percent or +68.75 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,096.75 with a loss of –0.83% percent or –192.61 point. Hong Kong’s Hang Seng is trading at 25,432.53 up with +0.99% percent or +249.52 point. China’s Shanghai Composite is trading at 3,435.07 up with +2.23% percent or +74.97 point. India’s BSE Sensex is trading at 37,948.08 up with +0.19% percent or +70.74 point at 12:15 PM.Germany’s DAX is trading at 12,924.91 up with +0.18% percent or +23.57 point. France’s CAC 40 is trading at 4,964.75 up with +0.037% percent or +1.82 point. The Stoxx Europe 600 is trading at 368.82 up with +0.20% percent or +0.75 point.
Monday’s Factors and Events
Short traders are throwing cold water on hopes of a bump-free return to normalcy.
Vacation, travel and consumer stocks are among the most shorted on Wall Street. Those names include American Airlines, Whirlpool, Royal Caribbean and United Airlines. Short traders, who make money when those shares drop, view these names as the most vulnerable to a prolonged recovery from the coronavirus pandemic.
For the day the Dow is trading at 27,931.02 up with +0.12% percent or +34.30 point. The S&P 500 is trading at 3,372.85 with a loss of –0.017% percent or -0.58 point. The Nasdaq Composite is trading at 11,019.30 with a loss of -0.21% percent or -23.20 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,577.88 with a loss of -0.12% percent or -1.91 point; the S&P 600 Small-Cap Index closed at 917.90 up with +0.036% percent or +0.33 point; the S&P 400 Mid-Cap Index closed at 1,949.56 with a loss of –0.16% percent or -3.06 point; the S&P 100 Index closed at 1,557.29 with a loss of –0.035% percent or ?0.54 point; the Russell 3000 Index closed at 1,971.34 with a loss of –0.045% percent or -0.88 point; the Russell 1000 Index closed at 1,870.80 with a loss of –0.040% or -0.75 point.