US PRE MARKET
The S&P 500 Futures is trading at 3,281.88 up with +1.12% percent or +36.38 point. Other U.S. stock futures higher in pre-market trading for Feb 04.The Dow Futures is trading at 28,668.50 up with +1.08% percent or +307.50 point. The Nasdaq Futures is trading at 9,231.00 up with +1.28% percent or +116.75 point.
TUESDAY’S FACTORS AND EVENTS
“There is optimism that we’re going to be able to contain the virus,” said Kent Engelke, chief economic strategist at Capitol Securities Management. “But my concern is really going back to the Chinese market,” he told MarketWatch, noting that trading was halted on shares of hundreds of companies Monday after prices fell 10%, triggering mandatory holds. “That’s dangerous and we don’t know how much lower they would have gone.”
MONDAY’S ACTIVITY
For the day the Dow is trading at 28,399.81 up with +0.51% percent or +143.78 point. The S&P 500 is trading at 3,248.92 up with +0.73% percent or +23.40 point. The Nasdaq Composite is trading at 9,273.40 up with +1.34% percent or +122.47 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,632.21 up with 1.12% percent or +18.14 point; the S&P 600 Small-Cap Index closed at 988.83 up with 0.92% percent or +8.99 point; the S&P 400 Mid-Cap Index closed at 2,028.61 with 1.07% percent or +21.39 point; the S&P 100 Index closed at 1,457.54 up with +0.75% percent or +10.83 point; the Russell 3000 Index closed at 1,903.63 up with +0.83% percent or +15.60 point; the Russell 1000 Index closed at 1,798.41 up with +0.81% or +14.38 point.