S&P Futures Opening Update as on 26 December 2018

 

US PRE MARKET

The S&P 500 Futures is trading at 2,353.50 up with +0.50% percent or +11.75 point.Other U.S. stock futures higher in pre-market trading for  December 26.The Dow Futures is trading at 21,805.00 up with +0.48% percent or +105.00 point.The Nasdaq Futures is trading at 5,913.50 up with +30.50 percent or +30.50 point.

WEDNESDAY’S FACTORS AND EVENTS

Markets responded to turmoil in Washington. Multiple reports said President Donald Trump is discussing how to remove Jerome Powell from his position as chairman of the Federal Reserve. That discussion, as well as the recent market volatility, spurred Treasury Secretary Steven Mnuchin to call the leaders of the six largest U.S. banks over the weekend. Additionally, Defense Secretary James Mattis announced he would step down at the end of February, saying his views do not align with the president’s.

TUESDAY’S ACTIVITY

For the day the Dow is trading at 21,792.20  with a loss of  -2.91% percent or -653.17 point. The S&P 500 is trading at 2,351.10 with  a loss of -2.71% percent or -65.52 point. The Nasdaq Composite is trading at 6,192.92  with a loss of -5.14% percent or  -335.49 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,266.92  with a loss of -1.95% percent or -25.16  point; the S&P 600 Small-Cap Index closed at 793.86 with a loss of -1.95% percent or -15.75 point; the S&P 400 Mid-Cap Index closed at 1,567.40  with a loss of -2.73% percent or -43.95 point; the S&P 100 Index closed at 1,042.77 with  a loss of -2.66% percent or -28.55 point; the Russell 3000 Index closed at 1,380.60  with a loss of -2.64% percent or -37.45 point; the Russell 1000 Index closed at 1,298.02  with a loss of  -2.69% percent or -35.93 point;

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 19,327.06  up with +0.89% percent or +171.32 point. Hong Kong’s Hang Seng is trading at 25,651.38   with a loss of -0.40% percent or -102.04 point. China’s Shanghai Composite is trading at 2,504.44  with a loss of -0.015% percent or  -0.38 point. India’s BSE Sensex is trading at 35,254.92  with a loss of -0.61% percent or -215.23 point at 12:15 PM.The FTSE 100 is trading at 6,685.99 with  a loss of -0.52% percent or -35.18 point. Germany’s DAX is trading at 10,633.82  up with +0.21% percent or +22.72 point. France’s CAC 40 is trading at 4,626.39 with a loss of -1.45% percent or -67.99 point. The Stoxx Europe 600 is trading at 335.24  with a loss of  –0.42% percent or -1.43 point.

Updates

updates@spfutures.org

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