US PRE MARKET
The S&P 500 Futures is trading at 2,869.62 up with +0.49% percent or +14.12 point. Other U.S. stock futures higher in pre-market trading for August 26. The Dow Futures is trading at 25,828.00 up with +0.62% percent or +158.00 point. The Nasdaq Futures is trading at 7,565.25 up with +0.81% percent or +60.75 point.
MONDAY’S FACTORS AND EVENTS
At around 4:50 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was trading down at 1.449%, while the yield on the 30-year Treasury bond fell to 1.942%.
The critical spread between the 10-year and 2-year yield will be in focus once again, having inverted multiple times through Friday’s session as the trade war intensified. The inversion of the 2-year/10-year yield curve is a widely watched signal of oncoming recession. The 2-year note
FRIDAY’S ACTIVITY
For the day the Dow is trading at 25,628.90 with a loss of –2.37% percent or –623.34 point. The S&P 500 is trading at 2,847.11 with a loss of –2.59% percent or –75.84 point. The Nasdaq Composite is trading at 7,751.77 with a loss of –3.00% percent or –239.62 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,459.49 with a loss of –3.09% percent or -46.52 point; the S&P 600 Small-Cap Index closed at 896.50 with a loss of –3.12% percent or -28.85 point; the S&P 400 Mid-Cap Index closed at 1,836.55 with a loss of –2.75% percent or -51.91 point; the S&P 100 Index closed at 1,256.91 with a loss of -2.66% percent or -34.40 point; the Russell 3000 Index closed at 1,670.74 with a loss of –2.60% percent or -44.66 point; the Russell 1000 Index closed at 1,576.36 with a loss of –2.57% or -41.58 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 20,261.04 with a loss of –2.17% percent or –449.87 point. Hong Kong’s Hang Seng is trading at 25,651.05 with a loss of –2.02% percent or –528.28 point. China’s Shanghai Composite is trading at 2,863.57 with a loss of –1.17% percent or –33.86 point. India’s BSE Sensex is trading at 37,297.12 up with +1.63% percent or +600.00 point at 12:15 PM.The FTSE 100 is trading at 7,094.98 with a loss of –0.47% percent or –33.20 point. Germany’s DAX is trading at 11,660.73 up with +0.42% percent or +48.28 point. France’s CAC 40 is trading at 5,356.46 up with +0.56% percent or +29.60 point. The Stoxx Europe 600 is trading at 371.46 up with +0.03% percent or +0.13 point.