US PRE MARKET

The S&P 500 Futures is trading at 2,697.25  with a loss of -0.77% percent or -21.00 point. Other U.S. stock futures  mlower in pre-market trading for Tuesday, May 29. The Dow Futures is trading at 24,542.00  with a loss of -0.76% percent or -188.00 point.The Nasdaq Futures is trading at 6,914.50 with a loss of -0.66% percent or -45.75 point.

TUESDAY’S FACTORS AND EVENTS

U.S. stock index futures dropped sharply ahead of Tuesday’s open, as investors turned their attention to data and earnings amid a stormy geopolitical climate.

Around 5:25 a.m. ET, Dow futures indicated a drop of about 200 points at the open. The Nasdaq and the S&P 500 futures, meanwhile, indicated a negative start to the session for their respective markets.

The moves in pre-market trade came as markets overseas showed a relatively negative picture. In Asia, stocks finished the session in the red, as political turmoil in Italy and a drop in crude futures weighed on sentiment.

The possibility of early elections in Italy continued to have an effect on markets during Europe’s early trade, while U.S. stocks will be opening back up Tuesday after a long weekend that saw markets closed Monday for Memorial Day.

MONDAY’S ACTIVITY

For the day the Dow is trading at 24,753.09 with a loss of -0.24%percent or -58.67 point. The S&P 500 is trading at 2,721.33  with a loss of  -0.24% percent or -6.43 point. The Nasdaq Composite is trading at 7,433.85  up with +0.13% percent or +9.42 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,626.93  with a loss of   -0.079% percent or  -1.29 point; the S&P 600 Small-Cap Index closed at 1,004.64  with a loss of -0.046% percent or  -0.46 point; the S&P 400 Mid-Cap Index closed at 1,946.87 with a loss of  -0.24% percent or -4.68 point; the S&P 100 Index closed at 1,194.53 with a loss of -0.26% percent or  -3.15 point; the Russell 3000 Index closed at 1,618.01 with a loss of -0.21% percent or  -3.37 point; the Russell 1000 Index closed at 1,510.27 with a loss of -0.22% percent or -3.31 point;

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,358.43 with a loss of -0.55% percent or -122.66 point. Hong Kong’s Hang Seng is trading at 30,531.85 with a loss of -0.85% percent or  -260.41 point. China’s Shanghai Composite is trading at 3,119.11 with a loss of  -0.51% percent or  -15.98 point. India’s BSE Sensex is trading at 35,108.69 with a loss of -0.16% percent or  -56.79  point at 12:15 PM.The FTSE 100 is trading at 7,631.91 with a loss of  -1.27% percent or -98.37 point. Germany’s DAX is trading at 12,666.41  with a loss of -1.53% percent or  -197.05 point. France’s CAC 40 is trading at 5,417.16  with a loss of -1.67% percent or -91.77 point. The Stoxx Europe 600 is trading at 384.20  with a loss of -1.44% percent or -5.99 point.