S&P Futures Update : 04 Feb 2022

The S&P 500 Futures is  trading at 4,488.50 up with +0.25% percent or +11.10 point.Other U.S. stock futures higher in pre-market trading for Feb 04.The Dow Futures is trading at 35,046.70 with a loss of -0.18% percent or -64.50 point.The Nasdaq Futures is trading at 14,619.00 up with +0.81% percent or +117.90 point.

 

 

FRIDAY’S FACTORS AND EVENTS

In the U.K., the Bank of England on Thursday raised interest rates again — the first back-to-back rate hike since 2004 — and began the process of quantitative tightening. As expected, the BOE’s Monetary Policy Committee voted unanimously for a 25 basis point rate increase to take the main Bank Rate to 0.5%.

 

 

THURSDAY’S ACTIVITY

For the day the Dow is trading at 34,715.39  with a loss of –0.89%percent or –313.26  point. The S&P 500 is trading at 4,482.73 with a loss of –1.10% percent or –50.03  point. The Nasdaq Composite is trading at 14,154.02 with a loss of –1.30% percent or –186.23   point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,991.03  with a loss of  -1.90% percent or -38.48 point. the S&P 600 Small-Cap Index closed at 1,283.49 with a loss of –1.45% percent or −18.88 point. the S&P 400 Mid-Cap Index closed at 2,618.86 with a loss of –1.63% percent or −43.52 point. the S&P 100 Index closed at 2,065.41 with a loss of -2.90% percent or  −61.77  point.the Russell 3000 Index closed at 2,594.10 with a loss of -2.45% percent or −65.13 point. the Russell 1000 Index closed at 2,469.35 with a loss of –2.48% or −62.88 point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,439.99 up with +0.73% percent or +0.73%  point. Hong Kong’s Hang Seng is trading at 24,574.92 up with +3.25% ercent or +772.66 point. China’s Shanghai Composite is trading at 3,361.44 with a loss of –0.97% percent or ?32.81    point. India’s BSE Sensex is trading at 58,493.54  with a loss of –0.50% percent or –294.48   point at 12:15 PM.For the day the FTSE 100 closed at 7,528.84 with a loss of -0.71% percent or ?54.16 point. France’s CAC 40 closed at 7,005.63 with a loss of -1.54% percent or ?109.64 point.Germany’s DAX closed at 15,368.47 with a loss of -1.57% percent or ?245.30 point.