Dow Futures Opening Update as on 08 Oct. 2020

U.S. stock higher in pre-market trading for,Oct 08.The Dow Futures is trading at 28,321.50 up with +0.51% percent or +142.50 point.The S&P 500 Futures is trading at 3,421.12 with +0.42% percent or +14.32 point.The Nasdaq Futures is trading at 11,530.90 up with +0.53% percent or +60.88 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,647.07 with percent or +224.25 point. Hong Kong’s Hang Seng is trading at 24,164.91 with a loss of –percent or  –77.95 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 40,407.02 up with + percent or  +528.07 point at 12:15 PM. The FTSE 100 closed at 5,965.93 up with + percent or +19.68 point. France’s CAC  40 closed at 4,910.67 up with + percent or +28.67 point.Germany’s DAX closed at 13,025.69 up with +percent or  +97.12 point.

Thursday’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.”

Wednesday Activity

For the day the Dow is trading at 28,303.46 with +percent or  +530.70 point. The S&P 500 is trading at 3,419.45 up with + percent or  +58.50 point. The Nasdaq Composite is trading at 11,364.60 up with + percent or +210.00 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,611.04 up with +2.14% percent or +33.75 point; the S&P 600 Small-Cap Index closed at 908.49 up with +1.48% percent or +13.23 point; the S&P 400 Mid-Cap Index closed at 1,971.12 up with + percent or  +34.27 point; the S&P 100 Index closed at 1,577.80 with  percent or  +27.65 point; the Russell 3000 Index closed at 2,013.44 up with + percent or +35.14 point; the Russell 1000 Index closed at 1,910.77 up with +or +32.93 point