S&P Futures Opening Update as on 04 May 2018

US PRE MARKET

The S&P 500 Futures is trading at  2,627.75  with a loss of -0.15% percent or -4.00 point. Other U.S. stock futures  lower in pre-market trading for Friday, May 04. The Dow Futures is trading at 23,877.00  with a loss of  -0.14% percent or -33.00  point. The Nasdaq Futures is trading at 6,649.50  with a loss of -0.23% percent or -15.00 point.

FRIDAY’S FACTORS AND EVENTS

The market got very cheap and buyers just came in,” said Jeremy Klein, chief market strategist at FBN Securities. “I mean you’ll still seeing sectors like banks lag … [but] industrials had a really nice bounce. A stock like Boeing, which has been really dragging lately, found a nice bid this morning.”

Boeing — which has struggled for gains since reporting earnings last week — carried the Dow higher, with the aircraft manufacturer rallying 2 percent. Shares of fellow industrial company 3M gained 0.6 percent.

The afternoon rally came after a sharp fall in equities earlier in the session, as a batch of better-than-expected earnings failed to push the major averages higher while trade and geopolitical worries mounted.

THURSDAY’S ACTIVITY

U.S. market were mixed on Thursday.For the day the Dow is trading at 23,930.15 up with +0.022% percent or +5.17 point. The S&P 500 is trading at 2,629.73  with a loss of  -0.23% percent or -5.94 point. The Nasdaq Composite is trading at 7,088.15  with a loss of  -0.18% percent or  -12.75 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,546.56  with a loss of  -0.54%  percent or -8.36 point; the S&P 600 Small-Cap Index closed at 947.08  with a loss of  -0.66% percent or   –6.33 point; the S&P 400 Mid-Cap Index closed at 1,872.56  with a loss of  -0.17% percent or  -3.27   point; the S&P 100 Index closed at 1,153.93  with a loss of  -0.23% percent or  -2.71 point; the Russell 3000 Index closed at 1,560.62 with a loss of  -0.25% percent or  -3.95 point; the Russell 1000 Index closed at 1,458.50 with a loss of  -0.23% percent or  -3.34 point;

WORLD MARKETS

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,472.78  with a loss of -0.16% percent or -35.25 point. Hong Kong’s Hang Seng is trading at 29,984.42   with a loss of  -1.09% percent or -328.95 point. China’s Shanghai Composite is trading at 3,091.03   with a loss of -0.32% percent or  -9.83 point. India’s BSE Sensex is trading at 34,935.93 with a loss of -0.48% percent or -167.21  point at 12:15 PM.The FTSE 100 is trading at 7,534.10 up with +0.42% percent or +31.41 point. Germany’s DAX is trading at 12,745.04 up with +0.43%  percent or +54.89 point. France’s CAC 40 is trading at 5,493.14 with a loss of -0.15% percent or  -8.46 point. The Stoxx Europe 600 is trading at 385.72   up with +0.28% percent or +0.28%  point.

Updates

spfutures.org_updates@imediaone.com

You may also like...

Rules of Discussion on S&P Futures Opening Update as on 04 May 2018

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean