S&P Futures Opening Update as on 26 August 2019

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.

Updates

updates@spfutures.org

You may also like...

Rules of Discussion on S&P Futures Opening Update as on 26 August 2019

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.