US PRE MARKET
The S&P 500 Futures is trading at 2,651.25 up with +0.16% percent or +4.25 point. Other U.S. stock futures mixed in pre-higher trading for Tuesday, May 01. The Dow Futures is trading at 24,141.00 up with +0.04% percent or +10.00 point. The Nasdaq Futures is trading at 6,619.25 up with +0.12% percent or +7.75 point.
TUESDAY’S FACTORS AND EVENTS
MONDAY’S ACTIVITY
U.S. market were lower on Monday.For the day the Dow is trading at 24,163.15 with a loss of -0.61% percent or –148.04 point. The S&P 500 is trading at 2,648.05 with a loss of -0.82% percent or -21.86 point. The Nasdaq Composite is trading at 7,066.27 with a loss of -0.75% percent or -53.53 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,541.88 with a loss of -0.92% percent or -14.35 point; the S&P 600 Small-Cap Index closed at 947.51 with a loss of -0.91% percent or -8.67 point; the S&P 400 Mid-Cap Index closed at 1,872.45 with a loss of -1.05% percent or -19.78 point; the S&P 100 Index closed at 1,160.73 with a loss of -0.78% percent or -9.17 point; the Russell 3000 Index closed at 1,569.91 with a loss of -0.80% percent or −12.74 point; the Russell 1000 Index closed at 1,468.28 with a loss of -0.79% percent or -11.77 point;
WORLD MARKETS
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,508.03 up with +0.18% percent or +40.16 point. Hong Kong’s Hang Seng is trading at 30,808.45 up with +1.74% percent or +527.78 point. China’s Shanghai Composite is trading at 3,082.23 up with +0.23% percent or +7.20 point. India’s BSE Sensex is trading at 35,160.36 up with +0.55% percent or +190.66 point at 12:15 PM.The FTSE 100 is trading at 7,520.97 up with +0.16% percent or +11.67 point. Germany’s DAX is trading at 2,612.11 up with +0.25% percent or +31.24 point. France’s CAC 40 is trading at 5,520.50 up with +0.68% percent or +37.32 point. The Stoxx Europe 600 is trading at 385.63 up with +0.08% percent or +0.31 point.
shares of Andeavor jumped 13 percent after Marathon Petroleum agreed to acquire it for $23 billion.
“This is really a byproduct of the same source of better sentiment, which is government backing off,” said Maris Ogg, president at Tower Bridge Advisors.
In earnings news, Botox-maker Allergan posted a better-than-expected profit for the previous quarter. McDonald’s earnings also beat the Street, sending the Dow component 5.8 percent higher.
Logistics company Prologis is acquiring DCT Industrial Trust for $8.4 billion in an all-stock deal. DCT Industrial’s shares popped more than 11.5 percent. Marriott Vacations, the hotel chain’s timeshare business, is also buying rival ILG for $4.7 billion.