US PRE MARKET
The S&P 500 Futures is trading at 2,734.50 up with +0.18% percent or +5.00 point. Other U.S. stock futures higher in pre-market trading for Monday, May 14. The Dow Futures is trading at 24,903.00 up with +0.32% percent or +80.00 point. The Nasdaq Futures is trading at 6,979.50 up with +0.29% percent or +20.50 point.
MONDAY’S FACTORS AND EVENTS
FRIDAY’S ACTIVITY
U.S. market were mixed on Friday.For the day the Dow is trading at 24,831.17 up with +0.37% percent or +91.64 point. The S&P 500 is trading at 2,727.72 up with +0.17% percent or +4.65 point. The Nasdaq Composite is trading at 7,402.88 with a loss of -0.028% percent or -2.09 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,606.79 up with +0.19% percent or +3.08 point; the S&P 600 Small-Cap Index closed at 986.87 up with +0.19% percent or +3.08 point; the S&P 400 Mid-Cap Index closed at 1,939.09 up with +0.061% percent or +1.18 point; the S&P 100 Index closed at 1,200.13 up with +0.25% percent or ++2.97 point; the Russell 3000 Index closed at 1,618.86 up with +0.15% percent or +2.49 point; the Russell 1000 Index closed at 1,512.73 up with +0.15% percent or +2.27 point;
WORLD MARKETS
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,865.86 up with +0.47% percent or +107.38 point. Hong Kong’s Hang Seng is trading at 31,492.11 up with +1.19% percent or +368.80 point. China’s Shanghai Composite is trading at 3,174.03 up with +0.34% percent or +10.77 point. India’s BSE Sensex is trading at 35,507.98 with a loss of – 0.078% percent or -27.81 point at 12:15 PM.The FTSE 100 is trading at 7,707.40 with a loss of -0.22% percent or -16.83 point. Germany’s DAX is trading at 12,978.06 with a loss of -0.18% percent or -23.18 point. France’s CAC 40 is trading at 5,531.00 with a loss of -0.20% percent or -10.93 point. The Stoxx Europe 600 is trading at 391.56 with a loss of -0.20% percent or -0.83 point.
On the auctions front, the U.S. Treasury is scheduled to auction $48 billion in 13-week bills and $42 billion in 26-week bills on Monday. No major economic data are scheduled to be published.
Meanwhile, in oil markets, Brent crude traded at around $76.89 a barrel on Monday morning, down 0.3 percent, while U.S. crude was around $70.51 a barrel, off by 0.25 percent.
Oil prices slipped away from multi-year highs on Monday, amid resistance from global players over the Donald Trump administration’s sanctions against major oil exporter Iran. Energy market participants fear a sharp fall in Iranian crude supply once U.S. sanctions bite later this year.