US PRE MARKET
The S&P 500 Futures is trading at 2,878.38 with a loss of -0.10% percent or -2.87 point. Other U.S. stock futures lower in pre-market trading for August 13. The Dow Futures is trading at 25,843.00 with a loss of -0.09% percent or -24.00 point.The Nasdaq Futures is trading at 7,555.75 with a loss of -0.15% percent or -11.00 point.
TUESDAY’S FACTORS AND EVENTS
Stock futures edged lower Tuesday morning, pointing to a third straight day of losses, as the bond market inched closer to flashing its biggest recession signal yet.
Futures on the Dow Jones Industrial Average indicated a negative open of about 61 points. Futures on the S&P 500 and Nasdaq were both lower, as well.
The widely watched 2-year to 10-year yield spread narrowed to only 4.68 basis points on Tuesday, with the curve at its flattest level since 2007. The yields on the 30-year note also fell to a low of 2.11%.
MONDAY’S ACTIVITY
For the day the Dow is trading at 25,897.71 with a loss of -1.48% percent or -389.73 point. The S&P 500 is trading at 2,883.09 with a loss of -1.22% percent or -35.56 point. The Nasdaq Composite is trading at 7,863.41 with a loss of -1.20% percent or -95.73 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,493.46 with a loss of -1.29% percent or -19.58 point; the S&P 600 Small-Cap Index closed at 920.62 with a loss of -1.09% percent or -10.13 point; the S&P 400 Mid-Cap Index closed at 1,872.80 with a loss of -1.50% percent or -28.53 point; the S&P 100 Index closed at 1,272.40 with a loss of -1.18% percent or -15.25 point; the Russell 3000 Index closed at 1,693.71 with a loss of -1.24% percent or -21.26 point; the Russell 1000 Index closed at 1,596.98 with a loss of -1.24% or -19.99 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 20,455.44 with a loss of -1.11% percent or -229.38 point. Hong Kong’s Hang Seng is trading at 25,281.30 with a loss of -2.10% percent or -543.42 point. China’s Shanghai Composite is trading at 2,797.26 with a loss of -0.63% percent or -17.73 point. India’s BSE Sensex is trading at 37,308.37 with a loss of -0.73% percent or -273.54 point at 12:15 PM.The FTSE 100 is trading at 7,182.93 with a loss of -0.61% percent or -43.79 point. Germany’s DAX is trading at 11,583.35 with a loss of -0.82% percent or -96.33 point. France’s CAC 40 is trading at 5,287.25 with a loss of -0.43% percent or -23.05 point. The Stoxx Europe 600 is trading at 368.32 with a loss of -0.56% percent or –2.16 point.