S&P Futures Opening Update as on 16 November 2018

 

US PRE MARKET

The S&P 500 Futures is trading at 2,720.00 with  a loss of -0.53% percent or -14.50 point. Other U.S. stock futures lower in pre-market trading for  November 16.The Dow Futures is trading at 25,191.00 with a loss of -0.45% percent or -114.00 point. The Nasdaq Futures is trading at 6,834.75 with  a loss of -1.23% percent or -85.25 point.

FRIDAYDAY’S FACTORS AND EVENTS

Sentiment across the globe has improved on reports that China has delivered a written response to U.S. trade demands. U.S. government sources told Reuters Wednesday that China had sent a response to U.S. demands on the ongoing trade negotiation, giving hopes to investors that the two sides might bring an end to the spat.

Concerns over an oversupply in oil markets continues to dominate the market. On Thursday, oil prices slipped amid fears of rising supply and slow consumption. Front-month Brent crude oil futures were trading at $66.42 per barrel on Thursday morning, down 30 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.29 a barrel.

THURSDAY’S ACTIVITY

For the day the Dow is trading at 25,289.27 up with +0.83% percent or  +208.77 point. The S&P 500 is trading at 2,730.20 up with +1.06% percent or +28.62 point. The Nasdaq Composite is trading at 7,259.03  up with +1.72% percent or +122.64   point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,524.12 up with +1.44% percent or +21.62 point; the S&P 600 Small-Cap Index closed at 958.54 up with +1.31% percent or +12.39  point; the S&P 400 Mid-Cap Index closed at 1,863.03  up with +1.16% percent or +21.41 point; the S&P 100 Index closed at 1,212.59 up with +1.07% percent or +12.82 point; the Russell 3000 Index closed at 1,608.26  with up +1.11% percent or +1.11% point; the Russell 1000 Index closed at 1,508.33 up with +1.08% percent or +16.18 point;

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,680.34  with a loss of -0.57% percent or -123.28 point. Hong Kong’s Hang Seng is trading at 26,093.07  with a loss of -0.039% percent or -10.27 point. China’s Shanghai Composite is trading at 2,679.11 up with +0.41% percent or  +10.94 point. India’s BSE Sensex is trading at 35,452.76 up with +0.55% percent or +192.22 point at 12:15 PM.The FTSE 100 is trading at 6,999.63 with a loss of  -0.54% percent or -37.96 point. Germany’s DAX is trading at 11,348.00  with a loss of -0.050% percent or -5.67 point. France’s CAC 40 is trading at 5,023.48 with a loss of -0.20% percent or -10.14 point. The Stoxx Europe 600 is trading at 358.13 with a loss of -0.08% percent or -0.43  point.

Updates

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