S&P Futures Opening Update as on 27 May 2019

 

US PRE MARKET

The S&P 500 Futures is trading at 2,830.12   with a loss of -0.06% percent or -1.63 point. Other U.S. stock futures lower in pre-market trading for  May 27.The Dow Futures is trading at 25,627.50 up with +0.03% percent or +7.50 point.The Nasdaq Futures is trading at 7,312.00  with a loss of -0.05% percent or -3.50 point.

MONDAY’S FACTORS AND EVENTS

The 10-year yield and the 30-year yield last traded at 2.324% and 2.753%, respectively. The 3-month Treasury bill returned 2.349%, keeping a portion of the yield curve inverted.

The U.S. and China have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment.

While the Trump administration hiked the tariff rate on $200 billion of Chinese goods to 25% from 10% on May 10, China struck a cooler tone in its criticism of the U.S. Ministry of Commerce spokesperson Gao Feng said: “If the U.S. would like to keep on negotiating it should, with sincerity, adjust its wrong actions. Only then can talks continue.”

FRIDAY’S ACTIVITY

For the day the Dow is trading at 25,585.69 with a loss of -0.74% percent or -190.92 point. The S&P 500 is trading at 2,826.06 up with +0.14% percent or +3.82 point. The Nasdaq Composite is trading at 7,637.01  up with +0.11% percent or +8.73 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,514.11 up  with +0.85% percent or +12.73 point; the S&P 600 Small-Cap Index closed at 917.54 up with +0.89% percent or +8.09 point; the S&P 400 Mid-Cap Index closed at 1,862.83  up with +0.50%  percent or +9.26 point; the S&P 100 Index closed at 1,250.67  up with +0.11% percent or +1.36 point; the Russell 3000 Index closed at 1,663.36  with 0.21% percent or +3.46 point; the Russell 1000 Index closed at 1,564.78   up with +0.16% or +2.51 point.

In overnight trading in the Eastern Hemisphere, In other parts of world,  Japan’s Nikkei 225 is trading at 21,182.58  up with +0.31% percent or +65.36 point. Hong Kong’s Hang Seng is trading at 27,305.28  with a loss of -0.18% percent or -48.65   point. China’s Shanghai Composite is trading at 2,887.71  up with +1.22% percent or +34.71  point. India’s BSE Sensex is trading at 39,710.44 up with +0.70% percent or +275.72  point at 12:15 PM.The FTSE 100 is trading at 7,277.73  up with +0.65% percent or +46.69 point. Germany’s DAX is trading at 12,067.77 up with +0.47% percent or  +56.73 point. France’s CAC 40 is trading at 5,325.54 up with +0.17% percent or +9.03 point. The Stoxx Europe 600 is trading at 376.66up  up with +0.20% percent or +0.77 point.

Updates

updates@spfutures.org

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