S&P Futures Opening Update as on 08 March 2018

US PRE MARKET

The S&P 500 Futures are trading at 2,728.50 for up with +0.01%  percent or +0.25 point. Other U.S. stock futures are mixed in pre-market trading for Thursday, March 08. The Dow Futures are trading at 24,792.00  with a loss of -0.12% percent or -31.00 point. The Nasdaq Futures are trading at 6,967.25  for up with +0.25% percent or +17.50 point.

THURSDAY’S FACTORS AND EVENTS

Stocks closed well off session lows on Thursday after the White House hinted Canada and Mexico could be exempt from tariffs proposed by President Donald Trump.

White House press secretary Sarah Sanders said the plan could include carve-outs for Mexico and Canada, two key U.S. trade partners. Trump is expected to release more details on his tariffs plan on Thursday or Friday.

Stocks fell sharply earlier on news that Trump’s top economic advisor, Gary Cohn, had resigned after the president proposed tariffs on steel and aluminum imports.

WEDNESDAY’S ACTIVITY

U.S. market were mixed on Wednesday. For the day the Dow Jones Industrial Average closed at 24,801.36  with a loss of  -0.33% percent or  -82.76 point. The S&P 500 closed at 2,726.80  with a loss of -0.05% percent or -1.32 point. The Nasdaq Composite closed at 7,396.65 for up with +0.33% percent or  +24.64  point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,574.53  for up with +0.79% percent or +12.33 point; the S&P 600 Small-Cap Index closed at 956.49  for up  with +0.70% percent or +6.66 point; the S&P 400 Mid-Cap Index closed at 1,920.42 for up with  +0.18% percent or +3.43 point; the S&P 100 Index closed at 1,201.86   with a loss of -0.06% percent or -0.68 point; the Russell 3000 Index closed at 1,615.33  for up with +0.05% percent or +0.76 point; the Russell 1000 Index closed at 1,511.71   with a loss of -0.01% percent or -0.20 point; and the Dow Jones U.S. Select Dividend Index closed at 24,801.36    with  a loss of -0.33% percent or  -82.76 point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,368.07 for up  with  +0.54% percent or  +115.35 point. Hong Kong’s Hang Seng are trading at 30,690.29 for up with +1.63% percent or  +493.37 point. China’s Shanghai Composite are trading at 3,288.41  for up with  +0.51% percent or +16.74 point. India’s BSE Sensex are trading at 33,253.37 for up with +0.67% percent or  +220.28  point at 12:15 PM.The FTSE 100 are trading at 7,167.09 for up with +0.13% percent or  +9.25 point. Germany’s DAX are trading at 12,222.33  with a loss of -0.19% percent or -23.03 point. France’s CAC 40 are trading at 5,211.63  for up with +0.46% percent or +23.81 point. The Stoxx Europe 600 are trading at 373.66 for up with +0.26% percent or +0.97 point.

Updates

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