S&P Futures Opening Update as on 20 April 2018

US PRE MARKET

The S&P 500 Futures is trading at  2,687.50 with a loss of -0.20% percent or  -5.50 point. Other U.S. stock futures  lower in pre-market trading for Friday, April 20. The Dow Futures is trading at 24,568.00  with a loss of -0.28% percent or -69.00 point. The Nasdaq Futures is trading at 6,751.75  with a loss of  -0.42% percent or  -28.25 point.

FRIDAY’S FACTORS AND EVENTS

Wall Street also kept an eye on rising interest rates, as the 10-year Treasury note yield broke above 2.9 percent. The 10-year traded around these levels earlier this year, sparking a correction in the U.S. stock market as investors feared the inflation was rising faster than expected. The move higher on the benchmark U.S. yield came as the two-year yield traded near highest levels in nearly a decade.

“The market is looking tired as yields may soon be a constraining factor that could overshadow good earnings,” said Peter Cardillo, chief market economist at Spartan Capital Securities.

Thursday’s dip came after the S&P 500 and Nasdaq posted slight gains on Wednesday, boosted by strong corporate earnings from United Airlines and CSX.

THURSDAY’S ACTIVITY

U.S. market were lower on Thursday. For the day the Dow Jones Industrial Average closed at 24,664.89  with a loss of -0.34% percent or −83.18 point. The S&P 500 closed at 2,693.13  with a loss of -0.57% percent or −15.51  point. The Nasdaq Composite closed at 7,238.06 with  a loss of -0.78% percent or  −57.18 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,573.82   with a loss of -0.62% percent or -9.74 point; the S&P 600 Small-Cap Index closed at 967.81  with a loss of -0.75% percent or  −7.29 point; the S&P 400 Mid-Cap Index closed at 1,913.62  with a loss of -0.48% percent or −9.18 point; the S&P 100 Index closed at 1,181.89  with a loss of -0.45% percent or  −5.37 point; the Russell 3000 Index closed at 1,597.25   with a loss of -0.57% percent or −9.21 point; the Russell 1000 Index closed at 1,493.45 with  a loss of -0.57% percent or −8.56 point;

WORLD MARKETS

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,162.24    with a loss of -0.13% percent or  ?28.94 point. Hong Kong’s Hang Seng is trading at 30,477.26  with a loss of -0.74% percent or ?227.48 point. China’s Shanghai Composite is trading at 3,070.21 with a loss of -1.51% percent or  ?46.99 point. India’s BSE Sensex is trading at 34,375.47  with a loss of -0.15% percent or -52.61  point at 12:15 PM.The FTSE 100 is trading at 7,354.23  up with 0.35% percent or +25.31 point. Germany’s DAX is trading at 12,557.96   with a loss of -0.075% percent or  −9.46 point. France’s CAC 40 is trading at 5,389.41  with a loss of -0.041% percent or −2.23 point. The Stoxx Europe 600 is trading at 381.30 with a loss of -0.17% percent or -0.65 point.

Updates

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