S&P Futures Opening Update as on 07 February 2018

US PRE MARKET

The S&P 500 Futures are trading at 2,670.50 with a loss -0.88% percent or -23.75 point. Other U.S. stock futures are lower in pre-market trading for Wednesday, February 07. The Dow Futures are trading at 24,582.00  with a loss of -0.88% percent or -218.00 point. The Nasdaq Futures are trading at 6,603.75  with a loss of -0.75% percent or -50.00 point.

WEDNESDAY’S FACTORS AND EVENTS

U.S. government debt prices were slightly higher Wednesday, as investors continued to keep abreast of the volatile trading seen across international and domestic markets.

The yield on the benchmark 10-year Treasury note was lower at around 2.764 percent at 5:10 a.m. ET, while the yield on the 30-year Treasury bond was lower at 3.036 percent. Bond yields move inversely to prices.

During Tuesday’s session, U.S. government debt yields slipped as stocks in the States saw a volatile trading session. After two major sell-offs, leading U.S. indexes saw sharp swings, with the Dow Jones industrial average starting Tuesday significantly lower, before rallying and closing up 567.02 points at 24,912.77.

Some of the reasons that investors gave to the swings included fears over interest rates, obscure volatility funds that use leverage, and computer-driven trading.

TUESDAY’S ACTIVITY

U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 24,912.77 for up with +2.33% percent or +567.02 point. The S&P 500 closed at 2,695.14  for up with +1.74% percent or  +46.20 point. The Nasdaq Composite closed at 7,115.88  for up with +2.13% percent or  +148.36 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at  1,507.17 for up with +1.08% percent or +16.08  point; the S&P 600 Small-Cap Index closed at 918.41  for up with +1.06%  percent or +9.67  point; the S&P 400 Mid-Cap Index closed at 21.62  for up with +0.79% percent or  +0.17 point; the S&P 100 Index closed at 1,194.49   for up with +1.93% percent or +22.64 point; the Russell 3000 Index closed at 1,589.78  for up with +1.61% percent or  +25.12 point; the Russell 1000 Index closed at 1,491.15 for up  with +1.65% percent or +24.17 point; and the Dow Jones U.S. Select Dividend Index closed at 24,912.77  for up with +2.33% percent or  +567.02  point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 are trading at 21,645.37  for up with +0.16% percent or +35.13 point. Hong Kong’s Hang Seng are trading at 30,403.43   with a loss of -0.63% percent or -191.99 point. China’s Shanghai Composite are trading at 3,309.26 with a loss  -1.82% percent or -61.39 point. India’s BSE Sensex are trading at 34,230.90 for up with +0.10% percent or  +34.96  point at 12:15 PM.The FTSE 100 are trading at 7,195.20 for up with +0.75% percent or  +53.80 point. Germany’s DAX are trading at 12,468.69 for up  with +0.61% percent or  +76.03 point. France’s CAC 40 are trading at 5,197.37 for up  with +0.69% percent or +35.57 point. The Stoxx Europe 600 are trading at 375.79 for up  with +0.83% percent or +3.16 point.