US PRE MARKET

The S&P 500 Futures is trading at 2,734.50 with a loss of -0.15% percent or -4.00 point. Other U.S. stock futures  lower in pre-market trading for Friday, July 05. The Dow Futures is trading at 24,270.00 with a loss of -0.30% percent or -73.00 point. The Nasdaq Futures is trading at 7,113.50 with a loss of -0.17% percent or -11.25 point.

FRIDAY’S FACTORS AND EVENTS

Concerns surrounding trade resurfaced Friday, after U.S. tariffs on $34 billion of Chinese goods came into effect. Major economies around the world are braced now for a trade war.

China responded to the fresh tariffs by imposing its own retaliatory levies on imports from the States. A spokesperson for China’s Ministry of Commerce stated Friday that while Beijing had refused to “fire the first shot,” it was obligated to counter the U.S.’ actions after Washington “launched the largest trade war in economic history.”

Also keeping investors alert Friday is the latest round of nonfarm payrolls data. At 8:30 a.m. ET, the U.S. Bureau of Labor Statistics will release the numbers from June’s employment report.

THURSDAY’S ACTIVITY

For the day the Dow is trading at 24,356.74  up with +0.75% percent or +181.92 point. The S&P 500 is trading at 2,736.61  up with +0.86% percent or +23.39 point. The Nasdaq Composite is trading at 7,586.43 up with +1.12%percent or  +83.75 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,679.48 up with +1.15% percent or +19.06 point; the S&P 600 Small-Cap Index closed at 1,041.56 up with +1.23% percent or +12.63 point; the S&P 400 Mid-Cap Index closed at 1,974.40 up with +0.87% percent or +17.05 point; the S&P 100 Index closed at 1,202.53 up with +0.90% percent or +10.77 point; the Russell 3000 Index closed at 1,632.17 up with +0.87% percent or +14.13  point; the Russell 1000 Index closed at 1,520.46 up with +0.85% percent or +12.81 point;

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,788.14 up with +1.12% percent or +241.15 point. Hong Kong’s Hang Seng is trading at 28,324.14 up with +0.50% percent or 142.05 point. China’s Shanghai Composite is trading at 2,747.23 up with +0.49% percent or +13.35 point. India’s BSE Sensex is trading at 35,744.68 up with +0.47% percent or  +167.51 point at 12:15 PM.The FTSE 100 is trading at 7,578.47  with  a loss of -0.33% percent or -24.75 point. Germany’s DAX is trading at 12,473.56  up with +0.074% percent or +9.27 point. France’s CAC 40 is trading at 5,365.54  with a loss of  -0.015% percent or  -0.78 point. The Stoxx Europe 600 is trading at 381.26 with a loss of  -0.09% percent or -0.28 point.