S&P Futures Opening Update as on 27 June 2019

 

US PRE MARKET

The S&P 500 Futures is trading at 2,922.12  up with +0.14% percent or +4.12 point.Other U.S. stock futures higher in pre-market trading for  June 27. The Dow Futures is trading at 26,482.50  with a loss of -0.25% percent or -67.50 point.The Nasdaq Futures is trading at 7,665.50  up with +0.20% percent or +15.50 point.

THURSDAY’S FACTORS AND EVENTS

Market sentiment is largely driven by expectations that the United States and China will pause their trade war. The leaders of both countries are meeting later this week, on the sidelines of a G-20 summit in Japan.

President Trump said Wednesday that the meeting could lead to a trade deal but warned that he was prepared to impose tariffs on virtually all remaining Chinese imports if talks failed once again.

The South China Morning Post, citing unnamed sources, reported overnight that officials from Washington and Beijing had tentatively agreed to resume talks aimed at resolving the dispute. The report could not be independently verified by CNBC. An agreement between Trump and Xi at the G-20 summit in Japan would avert the next round of tariffs on additional $300 billion worth of Chinese imports.

WEDNESDAY’S ACTIVITY

For the day the Dow is trading at 26,536.82 with a loss of -0.043% percent or -11.40 point. The S&P 500 is trading at 2,913.78 with a loss of -0.12% percent or -3.60 point. The Nasdaq Composite is trading at 7,909.97  up with +0.32% percent or +25.25 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,517.78  with a loss of -0.21% percent or -3.26 point; the S&P 600 Small-Cap Index closed at 922.64 up with +0.049% percent or +0.45 point; the S&P 400 Mid-Cap Index closed at 1,898.62 with a loss of -0.14% percent or -2.71 point; the S&P 100 Index closed at 1,288.83 up with +0.017% percent or +0.22 point; the Russell 3000 Index closed at 1,709.91   with a loss of -0.13% percent or -2.20 point; the Russell 1000 Index closed at 1,611.56  with a loss of -0.12% or -1.98 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,338.17  up with +1.19% percent or +251.58point. Hong Kong’s Hang Seng is trading at 28,603.89  up with +1.35% percent or +381.91 point. China’s Shanghai Composite is trading at 2,996.79  up with +0.69% percent or +20.51 point. India’s BSE Sensex is trading at 39,770.82 up with +0.45% percent or +178.74 point at 12:15 PM.The FTSE 100 is trading at 7,388.61  with  a loss of -0.37% percent or -27.78 point. Germany’s DAX is trading at 12,238.92 with a loss of -0.052% percent or -6.40 point. France’s CAC 40 is trading at 5,479.87 with a loss of -0.38% percent or -20.85 point. The Stoxx Europe 600 is trading at 381.43 with a loss of -0.20% percent or -0.77 point.