S&P Futures Opening Update as on 11 July 2017

US PRE MARKET

The S&P 500 Futures are trading at 2,421.88 with a loss of -0.11% percent or -2.62 point. Other U.S. stock futures are lower in pre-market trading for Tuesday, July 11. The Dow Futures are trading at 21,340.00 with a loss of -0.09% percent or -19.00 point. The Nasdaq Futures are trading at 5,685.38 with a loss of -0.15% percent or -8.62 point.

TUESDAY’S FACTORS AND EVENTS

The global bull market is thriving and is into its eighth year of gains. Now, stocks are pricey, but the rally is showing no signs of slowing down.

Stocks could reach a cap if this quarter’s earnings reports come in under expectations or if the world’s economy touches a period of slow growth.

Thanks to forecasts of double digit earnings growth, stock’s valuations may not be too bloated, given 2016’s earnings came in at just 2%.

The US rally has outpaced those of Europe and other developed nations.

Meanwhile, volatility remains at record lows. Traditionally, high returns are associated with high levels of volatility. Meaning investors have reaped the values of both record highs without coming into bear markets and getting knocked out of their positions. The biggest sell-off for the first half of 2017 was just 2.8% (the second smallest pullback on record)

MONDAY’S ACTIVITY

U.S. market were mixed on Monday. For the day The S&P 500 closed at 2,427.43 for up with +0.09% percent or +2.25 point. the Dow Jones Industrial Average closed at 21,408.52 with a loss of –0.03% percent or –5.82 point. The Nasdaq Composite closed at 6,176.39 for up with +0.38% percent or +23.31 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,408.47 with a loss of -0.52% percent or -7.36 point; the S&P 600 Small-Cap Index closed at 849.34 with a loss of – 0.63% percent or –5.39 point; the S&P 400 Mid-Cap Index closed at 1,743.07 with a loss of –0.25% percent or –4.29 point; the S&P 100 Index closed at 1,069.62 for up with +0.09% percent or +0.97 point; the Russell 3000 Index closed at 1,437.43 for up with of +0.02% percent or +0.31 point; the Russell 1000 Index closed at 1,344.67 for up with +0.07% percent or +0.90 point; and the Dow Jones U.S. Select Dividend Index closed at 21,408.52  with a loss of –0.03% percent or – 5.82 point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,195.48 for up with +0.57% percent or +114.50 point. Hong Kong’s Hang Seng are trading at 25,879.50 for up with +1.49% percent or +379.44 point. China’s Shanghai Composite are trading at 3,203.16 with a loss of –0.29% percent or –9.47 point. India’s S&P BSE Sensex are trading at 31,838.34 for up with + 0.39% percent or +22.70 point at 12:15 PM .In Europe, the FTSE 100 are trading at 7,307.06 with a loss of –0.85% percent or –62.99 point. Germany’s DAX are trading at 12,460.70 for up with +0.12% percent or +14.78 point. France’s CAC 40 are trading at 5,152.51 with  aloss of –0.25% percent or –13.13 point. The Stoxx Europe 600 are trading at 380.13  with a loss of -0.40% percent or -1.52 point.

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