US PRE MARKET
The S&P 500 Futures is trading at 2,982.88 with a loss of -0.25% percent or -7.62 point. Other U.S. stock futures lower in pre-market trading for July 08. The Dow Futures is trading at 26,807.00 with a loss of -0.29% percent or -78.00 point.The Nasdaq Futures is trading at 7,814.12 with a loss of -0.50% percent or -38.88 point.
MONDAY’S FACTORS AND EVENTS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,575.62 up with +0.22% percent or +3.50 point; the S&P 600 Small-Cap Index closed at 958.42 up with +0.37% percent or +3.50 point; the S&P 400 Mid-Cap Index closed at 1,965.95 up with +0.13% percent or +2.53 point; the S&P 100 Index closed at 1,320.77 with a loss of -0.18% percent or -2.39 point; the Russell 3000 Index closed at 1,758.53 with a loss of -0.13% percent or -2.23 point; the Russell 1000 Index closed at 1,656.23 with a loss of -0.15% or -2.51 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,534.35 with a loss of -0.98% percent or -212.03 point. Hong Kong’s Hang Seng is trading at 28,287.67 with a loss of -1.69% percent or -487.16 point. China’s Shanghai Composite is trading at 2,933.36 with a loss of -2.58% percent or -77.70 point. India’s BSE Sensex is trading at 38,884.70 with a loss of -1.59% percent or -628.69 point at 12:15 PM.The FTSE 100 is trading at 7,557.06 up with +0.052% percent or +3.92 point. Germany’s DAX is trading at 12,559.18 with a loss of -0.074% percent or -9.35 point. France’s CAC 40 is trading at 5,589.51 with a loss of -0.075% percent or -4.20 point. The Stoxx Europe 600 is trading at 390.36 up with +0.06% percent or +0.24 point.
Market participants were reacting to a solid jobs report from Friday. The U.S. economy added 224,000 jobs in June, official payrolls data showed, way above an expected increase of 165,000.
Traders had been betting heavily on the prospect of a Federal Reserve interest rate cut at the central bank’s next policy meeting, amid fears of a slowdown in global economic growth. At its last meeting, the Fed said it would “act as appropriate” to maintain the current U.S. economic expansion, which is the longest in history.
FRIDAY’S ACTIVITY
For the day the Dow is trading at 26,922.12 with a loss of -0.16% percent or -43.88 point. The S&P 500 is trading at 2,990.41 with a loss of -0.18% percent or -5.41 point. The Nasdaq Composite is trading at 8,161.79 with a loss of -0.10% percent or -8.44 point.