US PRE MARKET
The S&P 500 Futures is trading at 2,729.00 up with +0.59% percent or +16.00 point. Other U.S. stock futures higher in pre-market trading for Monday, May 21. The Dow Futures is trading at 24,950.00 up with +0.93% percent or +229.00 point. The Nasdaq Futures is trading at 6,919.25 up with +0.66% percent or +45.25 point.
MONDAY’S FACTORS AND EVENTS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,626.63 up with +0.082% percent or +1.34 point; the S&P 600 Small-Cap Index closed at 1,002.57 up with +0.15% percent or +1.55 point; the S&P 400 Mid-Cap Index closed at 1,943.37 with a loss of -0.25% percent or -4.91 point; the S&P 100 Index closed at 1,190.65 with a loss of -0.33% percent or -3.93 point; the Russell 3000 Index closed at 1,613.48 with a loss of -0.21% percent or -3.33 point; the Russell 1000 Index closed at 1,505.70 with a loss of -0.23% percent or -3.48 point;
WORLD MARKETS
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 23,002.37 up with +0.31% percent or +72.01 point. Hong Kong’s Hang Seng is trading at 31,330.84 up with +0.91% percent or +282.93 point. China’s Shanghai Composite is trading at 3,211.37 up with +0.57% percent or +18.07 point. India’s BSE Sensex is trading at 34,678.82 with a loss of -0.49% percent or -169.48 point at 12:15 PM.The FTSE 100 is trading at 7,840.11 up with +0.79% percent or +61.32 point. Germany’s DAX is trading at 13,077.72 with a loss of -0.28% percent or -36.89 point. France’s CAC 40 is trading at 5,656.49 up with +0.75% percent or +41.99 point. The Stoxx Europe 600 is trading at 396.15 up with +0.38% percent or +1.49 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 reports were scheduled to be published.
Meanwhile, in oil markets, Brent crude traded at around $78.90 a barrel on Monday morning, up 0.5 percent, while U.S. crude stood at $71.59 a barrel, around 0.4 percent higher.
Oil prices rose on Monday as traders reacted to news that a trade war between the world’s two biggest economies had been put “on hold.” Treasury Secretary Steven Mnuchin said Sunday that American and Chinese negotiators had agreed to drop their tariff threats while they continued working on a wider agreement.
FRIDAY’S ACTIVITY