S&P Futures Opening Update as on 12 March 2018

US PRE MARKET

The S&P 500 Futures are trading at 2,798.50 for up  with +0.35%  percent or +9.75 point. Other U.S. stock futures are mixed in pre-market trading for Monday, March 12. The Dow Futures are trading at 25,456.00 for up  with +0.38% percent or +96.00 point. The Nasdaq Futures are trading at 7,165.50 for up with +0.58% percent or +41.25 point.

MONDAY’S FACTORS AND EVENTS

U.S. stock index futures pointed to higher open Monday morning, after the latest jobs report eased lingering concerns over inflation and the prospect of faster rate hikes.

At around 05:00 a.m. ET, Dow futures were seen up more than 100 points and pointed to an implied open of 25,436. The Nasdaq and S&P 500 futures were also expected to open slightly higher on Monday. The moves in pre-market trade come after Wall Street stocks surged in the previous session.

The tech-heavy Nasdaq composite advanced 1.8 percent to 7,560.81 on Friday, hitting intraday and closing records while erasing losses from last month’s correction. The Nasdaq 100, which is made up of the 100 largest companies in the Nasdaq composite, also reached a record high. Friday marked the first time since January 26 that either index reached a record high.

FRIDAY’S ACTIVITY

U.S. market were higher on Friday. For the day the Dow Jones Industrial Average closed at 25,335.74  for up with +1.77% percent or  +440.53 point. The S&P 500 closed at 2,786.57  for up with +1.74% percent or +47.60 point. The Nasdaq Composite closed at 7,560.81 for up with +1.79% percent or  +132.86 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,597.14  for up with 1.60% percent or +25.18 point; the S&P 600 Small-Cap Index closed at 970.26  for up  with + 1.56% percent or +14.88 point; the S&P 400 Mid-Cap Index closed at 1,949.06 for up  with +1.64% percent or + 31.43 point; the S&P 100 Index closed at 1,228.97  for up  with +1.75% percent or +21.09 point; the Russell 3000 Index closed at 1,648.46  for up with +1.68% percent or +27.22 point; the Russell 1000 Index closed at 1,543.49 for up  with +1.69% percent or +25.58 point; and the Dow Jones U.S. Select Dividend Index closed at 25,335.74  for up  with  +1.77% percent or +440.53 point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,824.03 for up  with  +1.65% percent or  +354.83 point. Hong Kong’s Hang Seng are trading at 31,591.32 for up with +1.92% percent or  +595.11 point. China’s Shanghai Composite are trading at 3,326.70  for up with  +0.59% percent or +19.53 point. India’s BSE Sensex are trading at 33,662.53 for up with +1.07% percent or  +355.39 point at 12:15 PM.The FTSE 100 are trading at 7,220.13  with a loss of -0.06% percent or  -4.38 point. Germany’s DAX are trading at 12,418.23  for up with +0.58% percent or +71.55  point. France’s CAC 40 are trading at 5,284.21 for up   with +0.19% percent or +9.81 point. The Stoxx Europe 600 are trading at 379.28  for up with +0.27% percent or +1.04 point.

Updates

spfutures.org_updates@imediaone.com

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