Dow Futures Opening Update as on 06 Oct. 2020

U.S. stock higher in pre-market trading for,Oct 06.The Dow Futures is trading at 28,011.00 up with +0.06% percent or +16.00 point.The S&P 500 Futures is trading at 3,386.38 with a loss of -0.19% percent or -6.52 point.The Nasdaq Futures is trading at 11,426.60 with a loss of -0.37% percent or -42.63 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,433.73 up with + percent or +121.59 point. Hong Kong’s Hang Seng is trading at 23,957.32 up with +percent or  +189.54 point. China’s Shanghai  Composite is trading at 3,218.05 with a loss of – percent or –6.31 point. India’s BSE Sensex is trading at 39,334.93 up with + percent or  +361.23 point at 12:15 PM.The FTSE 100 closed at 5,942.94 up with + percent or +40.8 point. France’s CAC  40 closed at 4,871.87 up with + percent or +46.99 point.Germany’s DAX closed at 12,828.31 up with +percent or  +139.27 point.

Tuesday’s Factors and Events

Rallies have become stuck around the index’s 50-day average (now around 3360, less than half a percent above Friday’s close). Bespoke Investment Group calls this “a classic sign of a coiling market, and the fact that the S&P 500 recently broke up and out of a bull flag formation would suggest that the resolution will be higher when the breakout comes.”

Monday Activity

For the day the Dow is trading at 28,148.64 up with +percent or  +465.83 point. The S&P 500 is trading at 3,408.63 up with + percent or +60.19 point. The Nasdaq Composite is trading at 11,332.48 up with + percent or +257.47 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,581.96 up with +2.77% percent or +42.67 point; the S&P 600 Small-Cap Index closed at 896.44 up with +2.27% percent or +19.86 point; the S&P 400 Mid-Cap Index closed at 1,945.96 up with + percent or  +43.17 point; the S&P 100 Index closed at 1,575.55 with percent or  +28.47 point; the Russell 3000 Index closed at 2,003.32 up with + percent or +36.95 point; the Russell 1000 Index closed at 1,902.72 up with +or +34.10 point.