S&P Futures Opening Update as on 05 April 2018

US PRE MARKET

The S&P 500 Futures are trading at  2,656.75  for up with +0.37% percent or  +9.75 point. Other U.S. stock futures are higher in pre-market trading for Thursday, April 05. The Dow Futures are trading at 24,319.00 for up  with +0.22% percent or +54.00 point. The Nasdaq Futures are trading at 6,619.25  for up with +0.56%  percent or +36.75  point.

THURSDAY’S FACTORS AND EVENTS

Markets across the globe have been on edge over recent sessions as concerns over a potential trade war between China and the U.S. brew. On Wednesday, China announced fresh tariffs on 106 U.S. products, including cars, whiskey and soybeans — less than 24 hours after the U.S. administration issued a list of Chinese imports that it would target.

 Stocks bounced back however as the U.S. administration tried to play down concerns over a trade war between the two major consumer nations. Consequently, U.S. government debt yields rose modestlyWednesday as fears over a growing trade war subsided.

WEDNESDAY’S ACTIVITY

U.S. market were higher on Wednesday. For the day the Dow Jones Industrial Average closed at 24,264.30 for up  with +0.96% percent or  +230.94 point. The S&P 500 closed at 2,644.69 for up with +1.16% percent or +30.24 point. The Nasdaq Composite closed at 7,042.11  for up with +1.45% percent or  +100.83 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,531.66 for up  with +1.29% percent or +19.51 point; the S&P 600 Small-Cap Index closed at 942.06 for up with +1.20% percent or+11.14 point; the S&P 400 Mid-Cap Index closed at 1,876.78 for up with +0.88% percent or  +16.41 point; the S&P 100 Index closed at 1,159.76 for up with +1.18% percent or +13.50 point; the Russell 3000 Index closed at 1,567.09 for up with +1.15% percent or + 17.76 point; the Russell 1000 Index closed at 1,466.24 for up with +1.13% percent or +16.44 point; and the Dow Jones U.S. Select Dividend Index closed at 24,264.30  for up with +0.96% percent or +230.94 point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,645.42  for up with +1.53% percent or  +325.87 point. Hong Kong’s Hang Seng are trading at 29,518.69  with a loss of -2.19% percent or -661.41 point. China’s Shanghai Composite are trading at 3,131.11  with a loss of -0.18% percent or  -5.52 point. India’s BSE Sensex are trading at 33,493.81 for up with +1.44% percent or  +474.74 point at 12:15 PM.The FTSE 100 are trading at 7,117.88  for up with +1.19% percent or +83.87 point. Germany’s DAX are trading at 12,142.36 for up with +1.54% percent or  +184.46 point. France’s CAC 40 are trading at 5,219.79 for up with +1.52% percent or +78.00 point. The Stoxx Europe 600 are trading at 372.30  for up with +1.36% percent or +5.02 point.