US PRE MARKET
The S&P 500 Futures are trading at 2,684.75 with a loss of -0.20% percent or -5.50 point. Other U.S. stock futures are lower in pre-market trading for Friday, March 05. The Dow Futures are trading at 24,502.00 with a loss of –0.13% percent or -33.00 point. The Nasdaq Futures are trading at 6,800.50 with a loss of -0.06% percent or -4.25 point.
MONDAY’S FACTORS AND EVENTS
FRIDAY’S ACTIVITY
U.S. market were Mixed on Friday. For the day the Dow Jones Industrial Average closed at 24,538.06 with a loss of -0.29% percent or -70.92 point. The S&P 500 closed at 2,691.25 for up with +0.51% percent or +13.58 point. The Nasdaq Composite closed at 7,257.87 for up with +1.08% percent or +77.31 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,533.17 for up with +1.71% percent or +25.78 point; the S&P 600 Small-Cap Index closed at 932.68 for up with +1.69% percent or +15.54 point; the S&P 400 Mid-Cap Index closed at 1,878.61 for up with +1.10% percent or +20.52 point; the S&P 100 Index closed at 1,189.04 for up with +0.38% percent or +4.50 point; the Russell 3000 Index closed at 1,591.38 for up with +0.65% percent or +10.21 point; the Russell 1000 Index closed at 1,490.72 for up with +0.56% percent or +8.31 point; and the Dow Jones U.S. Select Dividend Index closed at 24,538.06 with a loss of -0.29% percent or -70.92 point.
WORLD MARKETS
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,042.09 with a loss of -0.66% percent or -139.55 point. Hong Kong’s Hang Seng are trading at 30,173.04 with a loss of -1.34% percent or -410.41 point. China’s Shanghai Composite are trading at 3,256.56 for up with +0.06% percent or +2.03 point. India’s BSE Sensex are trading at 33,722.25 with a loss of -0.95% percent or -324.69 point at 12:15 PM.The FTSE 100 are trading at 7,090.25 for up with +0.29% percent or +20.35 point. Germany’s DAX are trading at 11,948.03 for up with +0.29% percent or +34.32 point. France’s CAC 40 are trading at 5,143.47 for up with +0.13% percent or +6.89 point. The Stoxx Europe 600 are trading at 368.08 for up with +0.29% percent or +1.09 point.
“We saw no volatility for 18 months until the first week of February,” said Rich Guerrini, CEO of PNC Investments. “We were all sort of numb to it. All of the sudden, we have to get used to volatility again.”
Stocks traded sharply lower earlier in the session on fears that President Donald Trump’s announced tariffs on steel and aluminum could spark a trade war. Domestically-oriented companies in industries like health care would be among the least affected by a trade war.