US PRE MARKET
The S&P 500 Futures is trading at 2,777.50 up with +0.19% percent or +5.25 point. Other U.S. stock futures higher in pre-market trading for October 19.The Dow Futures is trading at 25,429.00 up with +0.19% percent or +48.00 point.The Nasdaq Futures is trading at 7,169.00 up with +0.44% percent or +31.25 point.
FRIDAY’S FACTORS AND EVENTS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,560.75 with a loss of -1.82% percent or -28.85 point; the S&P 600 Small-Cap Index closed at 972.21 with a loss of – 1.88% percent or -18.66 point; the S&P 400 Mid-Cap Index closed at 1,884.59 with a loss of -1.51% percent or -28.83 point; the S&P 100 Index closed at 1,232.83 with a loss of -1.50% percent or -18.83 point; the Russell 3000 Index closed at 1,633.28 with a loss of -1.48% or -24.55 point; the Russell 1000 Index closed at 1,530.80 with a loss of – 1.45% percent or -22.59 point;
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,532.08 with a loss of -0.56% percent or -126.08 point. Hong Kong’s Hang Seng is trading at 25,605.96 up with +0.59% percent or +151.41 point. China’s Shanghai Composite is trading at 2,550.46 up with +2.58% percent or +64.05 point. India’s BSE Sensex is trading at 34,426.32 with a loss of -1.02% percent or -353.26 point at 12:15 PM.The FTSE 100 is trading at 7,036.85 UP with +0.14% percent or +9.86 point. Germany’s DAX is trading at 11,538.05 with a loss of -0.44% percent or -51.16 point. France’s CAC 40 is trading at 5,068.63 with a loss of -0.94% percent or -48.16 point. The Stoxx Europe 600 is trading at 359.93 with a loss of -359.93 percent or -1.73 point.
This follows a sell-off on Wall Street in the previous trading session, adding to already steep losses for the month of October. On Thursday, the Dow dropped more than 300 points, following a plunge in Chinese equities. The Dow and S&P 500 have fallen more than 4 percent each in October, while the Nasdaq is down nearly 7 percent.
Equities sold off on Thursday amid worries about rising interest rates and fears of a slowing global economy. Overnight, China said its economy grew by 6.5 percent in the third quarter, missing expectations. Chinese equities surged, however, as officials took steps to support the market, and that was helping sentiment in the U.S.
THURSDAY’S ACTIVITY