US PRE MARKET

The S&P 500 Futures is trading at 2,955.62  up with +0.17% percent or +5.12 point.  Other U.S. stock futures higher in pre-market trading for  June 24.  The Dow Futures is trading at 26,743.00 up with +0.17% percent or +46.00 point. The Nasdaq Futures is trading at 7,764.38 up with +0.17% percent or +12.88 point.

MONDAY’S FACTORS AND EVENTS

Market players are following geopolitics, in particular escalating tensions between Iran and the U.S. Over the weekend, President Trump announced that the U.S. will impose “major” additional sanctions on Iran on Monday but Iran dismissed the threat as “just propaganda.”

On the back of these events, oil prices moved higher with Brent trading at $65.50 a barrel and WTI selling at $57.8 a barrel. An analyst at research firm TS Lombard forecasts oil futures surging above $100 a barrel in case of a full-scale U.S.-Iran conflict, Dow Jones reported.

FRIDAY’S ACTIVITY

For the day the Dow is trading at 26,719.13  with a loss of -0.13% percent or -34.04 point. The S&P 500 is trading at 2,950.46 with a loss of -0.13% percent or -3.72 point. The Nasdaq Composite is trading at 8,031.71  with a loss of -0.24% percent or -19.63 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,549.63  with a loss of -0.89% percent or -13.87 point; the S&P 600 Small-Cap Index closed at 937.05 with a loss of -0.86% percent or -8.09 point; the S&P 400 Mid-Cap Index closed at 1,928.11 with a loss of -0.61% percent or -11.83 point; the S&P 100 Index closed at 1,304.36  with a loss of -0.053% percent or -0.69 point; the Russell 3000 Index closed at 1,733.45   with a loss of -0.23% percent or -3.94 point; the Russell 1000 Index closed at 1,632.90  with a loss of -0.18% or -2.91 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,285.99 up with +0.13% percent or +27.35 point. Hong Kong’s Hang Seng is trading at 28,480.08  up with +0.020% percent or +5.62    point. China’s Shanghai Composite is trading at 3,008.15 up with +0.21% percent or +6.17 point. India’s BSE Sensex is trading at 39,167.90 with a loss of -0.075% percent or -29.59 point at 12:15 PM.The FTSE 100 is trading at 7,403.48 with a loss of -0.055% percent or -4.06 point. Germany’s DAX is trading at 12,268.12  with a loss of -0.58% percent or -72.17 point. France’s CAC 40 is trading at 5,520.46 with a loss of -0.14% percent or -7.87 point. The Stoxx Europe 600 is trading at 383.93  with a loss of -0.23% percent or -0.91 point.