S&P Futures Opening Update as on 01 March 2018

US PRE MARKET

The S&P 500 Futures are trading at 2,715.25 for up with +0.03%  percent or +0.25 point. Other U.S. stock futures are Mixed in pre-market trading for Thursday, March 01. The Dow Futures are trading at 25,030.00 with a loss of -0.03% percent or -8.00 point. The Nasdaq Futures are trading at 6,878.00  for up with +0.19% percent or +13.00 point.

THURSDAY’S FACTORS AND EVENTS

U.S. government debt yields slipped Thursday, a day after Federal Reserve Chair Jerome Powell hinted that the central bank could be open to more than three rate hikes in 2018.

The yield on the benchmark 10-year Treasury note was lower at around 2.864 percent at 4:42 p.m. ET, while the yield on the 30-year Treasury bond was lower at 3.128 percent. Bond yields move inversely to prices.

In the previous trading session, government debt yields posted solid gains after the new chair of the Federal Reserve delivered comments on the state of monetary policy and where it was heading in 2018.

WEDNESDAY’S ACTIVITY

U.S. market were lower on Wednesday. For the day the Dow Jones Industrial Average closed at 25,029.20  with  a loss of -1.50% percent or -380.83 point. The S&P 500 closed at 2,713.83  with a loss of -1.11% percent or -30.45 point. The Nasdaq Composite closed at 7,273.01  with a loss of -0.78% percent or -57.35 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,512.45  with a loss of -1.56% percent or -24.03 point; the S&P 600 Small-Cap Index closed at 921.34   with a loss of -1.76% percent or -16.49 point; the S&P 400 Mid-Cap Index closed at 1,864.61 with  a loss of -1.20% percent or -22.60 point; the S&P 100 Index closed at 1,201.87  with a loss of -1.19% percent or -14.44 point; the Russell 3000 Index closed at 1,600.15  with a loss of -1.11% percent or – 17.94 point; the Russell 1000 Index closed at 1,501.23  with a loss of -1.07% percent or -16.28 point; and the Dow Jones U.S. Select Dividend Index closed at 25,029.20   with  a loss of -1.50% percent or  -380.83 point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,724.47  with a loss of -1.56% percent or  -343.77 point. Hong Kong’s Hang Seng are trading at 30,908.69  for up with +0.21% percent or  +63.97 point. China’s Shanghai Composite are trading at 3,273.76 for up  with  +0.44% percent or +14.35 point. India’s BSE Sensex are trading at 34,146.21 with a loss of -0.11% percent or  -37.83  point at 12:15 PM.The FTSE 100 are trading at 7,195.56  with a loss of -0.50% percent or  -36.35 point. Germany’s DAX are trading at 12,327.94  with a loss of -0.87% percent or  -107.91 point. France’s CAC 40 are trading at 5,294.51  with a loss of -0.49% percent or -25.98 point. The Stoxx Europe 600 are trading at 377.73  with a loss of -0.50% percent or -1.89 point.