US PRE MARKET
The S&P 500 Futures is trading at 2,692.00 up with +0.84% percent or +22.50 point. Other U.S. stock futures higher in pre-market trading for October 29.The Dow Futures is trading at 24,864.00 up with +0.48% percent or +118.00 point. The Nasdaq Futures is trading at 6,970.75 up with +1.12% percent or +77.50 point.
MONDAY’S FACTORS AND EVENTS
For the day the Dow is trading at 24,688.31 with a loss of -1.19% percent or -296.24 point. The S&P 500 is trading at 2,658.69 with a loss of -1.73% percent or -46.88 point. The Nasdaq Composite is trading at 7,167.21 with a loss of -2.06% percent or -151.12 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,483.82 with a loss of -1.10% percent or -16.58 point; the S&P 600 Small-Cap Index closed at 932.15 with a loss of -0.97% percent or -9.11 point; the S&P 400 Mid-Cap Index closed at 1,795.10 with a loss of -1.06% percent or -25.38 point; the S&P 100 Index closed at 1,189.06 with a loss of -1.82% percent or -22.05 point; the Russell 3000 Index closed at 1,565.94 with a loss of -1.65% percent or -26.27 point; the Russell 1000 Index closed at 1,468.66 with a loss of -1.69% percent or -26.27 point;
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,149.80 with a loss of -0.16% percent or -34.80 point. Hong Kong’s Hang Seng is trading at 24,717.68 up with +0.00020% percent or +0.049 point. China’s Shanghai Composite is trading at 2,544.10 with a loss of -2.11% percent or -54.75 point. India’s BSE Sensex is trading at 33,613.07 up with +0.79% percent or +263.76 point at 12:15 PM.The FTSE 100 is trading at 7,067.86 up with +1.85% percent or +128.30 point. Germany’s DAX is trading at 11,415.52 up with +1.92%percent or +214.90 point. France’s CAC 40 is trading at 4,980.45 up with +0.26% percent or +13.09 point. The Stoxx Europe 600 is trading at 357.79 up with 1.53% percent or +5.34 point.
Auto stocks pushed the gains, up by more than 3.5 percent. Volkswagen rose 5.4 percent and Daimler jumped 4.8 percent following a report from Bloomberg that China will halve its car purchase tax.
Banks were also among the top performers on the back of strong earnings. HSBC rose 4 percent after reporting a 28 percent increase in pre-tax profit in the third quarter of the year from a year ago. Banco Bpm also rose 5 percent on Monday after S&P Global kept Italy’s investment grade though it changed the outlook for negative.
FRIDAY’S ACTIVITY