US PRE MARKET

The S&P 500 Futures is trading at 2,721.50 up with +0.30% percent or +8.25 point. Other U.S. stock futures  higher in pre-market trading for Wednesday, July 04. The Dow Futures is trading at 24,222.00 up with +0.24% percent or +59.00 point. The Nasdaq Futures is trading at 7,047.75 up with +0.34% percent or +24.00 point.

WEDNESDAY’S FACTORS AND EVENTS

Market focus is largely attuned to concerns over global trade shortly before initial U.S. and Chinese tariffs are due to take effect. President Donald Trump’s administration is set to activate tariffs on Chinese goods worth around $34 billion on Friday, which is then widely expected to trigger a tit-for-tat response from Beijing.

Meanwhile, oil prices rose Tuesday amid ongoing supply disruptions in Canada and Libya. International benchmark Brent crude traded at around $77.89 during early morning deals, around 0.8 percent higher while U.S. West Texas Intermediate (WTI) stood at $74.72, up more than 1 percent.

TUESDAY’S ACTIVITY

For the day the Dow is trading at 24,174.82 with  a loss of -0.54% percent or  -132.36 point. The S&P 500 is trading at 2,713.22  with a loss of -0.49% percent or -13.49 point. The Nasdaq Composite is trading at 7,502.6  with  a loss of -0.86% percent or -65.01 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,660.42 up with +0.32% percent or +5.33 point; the S&P 600 Small-Cap Index closed at 1,028.93 up with +0.16% percent or +1.65 point; the S&P 400 Mid-Cap Index closed at 1,957.35 up with +0.19% percent or +3.70 point; the S&P 100 Index closed at 1,191.76 with a loss of -0.64% percent or -7.70 point; the Russell 3000 Index closed at 1,618.04  with a loss of -0.39% percent or – 6.35  point; the Russell 1000 Index closed at 1,507.65  with a loss of -0.45% percent or -6.84 point;

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,717.04 with a loss of -0.31% percent or -68.50 point. Hong Kong’s Hang Seng is trading at 28,267.71 with a loss of -0.97% percent or -277.86 point. China’s Shanghai Composite is trading at 2,759.13  with a loss of -1.00% percent or -27.76 point. India’s BSE Sensex is trading at 35,524.31 up with +0.41% percent or +145.71 point at 12:15 PM.The FTSE 100 is trading at 7,579.17 with  a loss of -0.19% percent or -14.12 point. Germany’s DAX is trading at 12,339.63   with a loss of  -0.077% percent or  -9.51 point. France’s CAC 40 is trading at 5,331.48 up with +0.28%% percent or  +14.72 point. The Stoxx Europe 600 is trading at 380.34 up with +0.15% percent or +0.60 point.