S&P Futures Opening Update as on 24 January 2018

US PRE MARKET

The S&P 500 Futures are trading at 2,844.75 for up with +0.18% percent or +5.25 point. Other U.S. stock futures are higher in pre-market trading for Wednesday, January 24. The Dow Futures are trading at 26,262.00 for up with +0.23% percent or +61.00 point. The Nasdaq Futures are trading at 6,978.25 for up with +0.18% percent or +12.50 point.

WEDNESDAY’S FACTORS AND EVENTS

Over the weekend, the U.S. government shut down after a bill that would have kept it funded was voted down in the Senate. This marked the first U.S. government shutdown since 2013.

 Shutdown concerns lingered on Wall Street on Tuesday; however, by the end of trade, major indexes hit all-time highs after it emerged the Senate had enough votes to stop the shutdown. They continued to post strong gains during Tuesday’s session.

However, concerns over trade weighed on sentiment overseas, after President Donald Trump approved tariffs on solar cells and washing machines imported to the U.S. on Wednesday. South Korea said it would bring the matter to the World Trade Organization.

TUESDAY’S ACTIVITY

U.S. market were mixed on Tuesday. For the day the Dow Jones Industrial Average closed at 26,210.81 with a loss of -0.01% percent or -3.79 point. The S&P 500 closed at 2,839.13 for up with +0.22% percent or +6.16 point. The Nasdaq Composite closed at 7,460.29 for up with +0.71% percent or +52.26 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,610.71 for up with +0.35% percent or  +5.54 point; the S&P 600 Small-Cap Index closed at 287.87  for up with +0.35%  percent or  +5.54 point; the S&P 400 Mid-Cap Index closed at 1,993.88 for up with +0.21% percent or  +4.27 point; the S&P 100 Index closed at 1,257.48 for up   with +0.06% percent or  +0.77 point; the Russell 3000 Index closed at 1,677.72 for up with +0.24% percent or  +4.04 point; the Russell 1000 Index closed at 1,572.03 for up  with +0.23% percent or  +3.65 point; and the Dow Jones U.S. Select Dividend Index closed at 26,017.81  with a loss of -0.01% percent or -3.79 point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 23,940.78  with a loss of -0.76% percent or -183.37 point. Hong Kong’s Hang Seng are trading at 32,958.69  for up with +0.09% percent or +27.99 point. China’s Shanghai Composite are trading at 3,559.47  for up with +0.37% percent or +12.96 point. India’s BSE Sensex are trading at 36,161.64 for up with +0.06% percent or +21.66 point at 12:15 PM.The FTSE 100 are trading at 7,714.37  with a loss of -0.23% percent or  -17.46 point. Germany’s DAX are trading at 13,562.25 for up with +0.02% percent or +2.65 point. France’s CAC 40 are trading at 5,532.68  with a loss of -0.05% percent or -2.57 point. The Stoxx Europe 600 are trading at 402.82 with 0.00% percent or 0.00 point.

Updates

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