US PRE MARKET
The S&P 500 Futures is trading at 3,019.62 up with +0.14% percent or +4.12 point. Other U.S. stock futures higher in pre-market trading for July 15. The Dow Futures is trading at 27,347.00 up with +0.15% percent or +40.50 point. The Nasdaq Futures is trading at 7,967.62 up with +0.11% percent or +9.12 point.
MONDAY’S FACTORS AND EVENTS
Major indexes surged the new highs last week after U.S. Federal Reserve Chairman Jerome Powell indicated during congressional testimony that an interest-rate cut could be on the horizon from the central bank. The Dow closed above 27,000 for the first time on Thursday and Friday’s gain brought its increase on the week to 1.5%.
Meanwhile, China’s economic growth slowed to 6.2% in the second-quarter from a year earlier, its weakest pace in at least 27 years, as the trade war with the U.S. took its toll. Still, China’s gross domestic product growth was in line with expectations, and data for industrial production, retail sales, and fixed-asset investment came in above analyst expectations.
For the day the Dow is trading at 26,860.20 up with +0.29% percent or +76.71 point. The S&P 500 is trading at 2,993.07 up with +0.45% percent or +13.44 point. The Nasdaq Composite is trading at 8,202.53 up with +0.75% percent or +60.80 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,570.00 up with +0.78% percent or +12.08 point; the S&P 600 Small-Cap Index closed at 952.53 up with +0.87% percent or +8.18 point; the S&P 400 Mid-Cap Index closed at 1,960.49 up with +1.02% percent or +19.86 point; the S&P 100 Index closed at 1,332.32 up with +0.42% percent or +5.61 point; the Russell 3000 Index closed at 1,770.80 up with +0.50% percent or +8.89 point; the Russell 1000 Index closed at 1,669.04 up with +0.49% or +8.06 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,685.90 up with +0.20% percent or +42.37 point. Hong Kong’s Hang Seng is trading at 28,540.62 up with +0.24% percent or +69.75 point. China’s Shanghai Composite is trading at 2,942.19 up with +0.40% percent or +11.64 point. India’s BSE Sensex is trading at 38,793.03 up with +0.15% percent or +56.80 point at 12:15 PM.The FTSE 100 is trading at 7,520.28 up with +0.19% percent or +14.31 point. Germany’s DAX is trading at 12,351.37 up with +0.23% percent or +28.05 point. France’s CAC 40 is trading at 5,566.45 with a loss of -0.12% percent or -6.41 point. The Stoxx Europe 600 is trading at 387.07 up with +0.06% percent or +0.25 point.