S&P Futures Opening Update as on 15 November 2019

US PRE MARKET

The S&P 500 Futures is trading at 3,102.88  up with +0.19% percent or +5.88 point. Other U.S. stock futures higher in pre-market trading for  November 15.The Dow Futures is trading at 27,803.00  up with +0.21% percent or +57.00 point. The Nasdaq Futures is trading at 8,288.62  up with +0.28% percent or +23.12 point.

FRIDAY’S FACTORS AND EVENTS

The prospect of a U.S. – China trade deal remains the main factor sustaining a rally that has pushed U.S. stocks record highs in the past five weeks.

”Right now we’re treading water on trade,” Sam Stovall, chief investment strategist at CFRA told MarketWatch. “Most of the recent gains are related to optimism on trade because if we look at earnings, they’re down 1% year-over-year in the third quarter and expected to be down again in the fourth.”

Trump administration officials are frustrated that China has not offered enough concessions to justify a reduction in US tariffs on Chinese goods, a longstanding demand from Beijing that has become further entrenched in recent weeks

THURSDAY’S ACTIVITY

For the day the Dow is trading at 27,781.96 with a loss of –0.0059% percent or –1.63 point. The S&P 500 is trading at 3,096.63  up with +0.084% percent or +2.59 point. The Nasdaq Composite is trading at 8,479.02  with a loss of –0.036% percent or –3.08 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,588.79 with a loss of –0.024% percent or –0.39 point; the S&P 600 Small-Cap Index closed at 977.88 with a loss of -0.18% percent or -1.74 point; the S&P 400 Mid-Cap Index closed at 1,991.46 up with  +0.25% percent or +5.00  point; the S&P 100 Index closed at 1,378.34 with a loss of –0.036% percent or -0.50 point; the Russell 3000 Index closed at 1,813.40 up with +0.091% percent or +1.64 point; the Russell 1000 Index closed at 1,710.62 up with +0.098%  or +1.68  point.

In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 23,303.32   up with +0.70% percent or +161.77 point. Hong Kong’s Hang Seng is trading at 26,308.95 with a loss of –0.056% percent or –14.74 point. China’s Shanghai Composite is trading at 2,891.34  with a loss of –0.64% percent or –18.53   point. India’s BSE Sensex is trading at 40,504.04 up with +0.53% percent or +214.05 point at 12:15 PM.Germany’s DAX is trading at 13,183.81 up with 0.027% percent or +3.58 point. France’s CAC 40 is trading at 5,911.59 up with +0.18% percent or +10.52 point. The Stoxx Europe 600 is trading at 403.74  with a loss of -0.17% percent or –0.67  point.

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