S&P Futures Opening Update as on 15 October 2018

US PRE MARKET

The S&P 500 Futures is trading at 2,755.00 with a loss of -0.49% percent or -12.75 point. Other U.S. stock futures lower in pre-market trading for  October 15.The Dow Futures is trading at 25,210.00 with a loss of  -0.42% percent or  -106.00 point. The Nasdaq Futures is trading at 7,115.00  with a loss of -0.80% percent or -57.25 point.

MONDAY’S FACTORS AND EVENTS

The benchmark 10-year hit its highest level in 2011 earlier this week, sparking fears that rising borrowing costs could slow down the economy. President Donald Trump has recently criticized the U.S. Federal Reserve for the decline in stock markets, saying Wednesday that he wasn’t happy with how the central bank continued to raise interest rates.

Wasif Latif, head of global multi-assets at USAA, said investors should remain cautious in the near term. “It’s too early to tell if we’re out of the woods yet,” he said. “We have to wait and see how the market reacts in the next few days.”

FRIDAY’S ACTIVITY

For the day the Dow is trading at 25,339.99 up with +1.15% percent or +287.16 point. The S&P 500 is trading at 2,767.13 up with  +1.42% percent or +38.76 point. The Nasdaq Composite is trading at 7,496.89 up with +2.29% percent or +167.83 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,546.68  with +0.084% percent or +1.30 point; the S&P 600 Small-Cap Index closed at 965.38 with a loss of  -0.19% percent or  -1.85 point; the S&P 400 Mid-Cap Index closed at 1,871.25  up with +0.24% percent or  +4.52 point; the S&P 100 Index closed at 1,233.66 up with +1.60% percent or  +19.37 point; the Russell 3000 Index closed at 1,630.57 up with +1.30% or  +20.87 point; the Russell 1000 Index closed at 1,529.15  up with +1.39% percent or  +21.01 point;

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,271.30 with  a loss of  -1.87% percent or -423.36 point. Hong Kong’s Hang Seng is trading at 25,463.64    with a loss of -1.31% percent or -337.85 point. China’s Shanghai Composite is trading at 2,568.10   with a loss of  -1.49% percent or -38.81 point. India’s BSE Sensex is trading at 34,743.09  up  with +0.027% percent or +9.51 point at 12:15 PM.The FTSE 100 is trading at 6,987.65  with  a loss of -0.12% percent or -8.26 point. Germany’s DAX is trading at 11,550.38 up with +0.23% percent or +26.57 point. France’s CAC 40 is trading at 5,082.51  with a loss of  -0.26% percent or -13.46 point. The Stoxx Europe 600 is trading at 358.04  with a loss of -0.25% percent or -0.93 point.

Updates

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