S&P Futures Update : 13 March 2023

The S&P 500 Futures is  trading at 3,919.50 with +1.50% percent or +57.90 point.Other U.S. stock futures higher in pre-market trading for March 13.The Dow Futures is trading at 32,236.0 with +1.02% percent or +326.4 point.The Nasdaq Futures is trading at 12,023.5 with +1.63% percent or +193.2 point.

 

MONDAY’S FACTORS AND EVENTS

Silicon Valley Bank was taken over by regulators after massive withdrawals a day earlier created a bank run. All SVB depositors will have access to their money starting Monday, according to a joint statement from the Treasury Department, Federal Reserve and the FDIC.

 

FRIDAY ACTIVITY

For the day the Dow is trading at 32,254.86 with a loss of –1.66% percent or -543.54 point. The S&P 500 is trading at 3,918.32 with 1.85% percent or -73.69  point. The Nasdaq Composite is trading at 11,338.35 with a loss of –2.05% percent or -237.65 point.

Other leading market index closes included the small-cap Russell 2000 Index closed a 1,772.70 with –2.95% percent or -53.88  point. the S&P 600 Small-Cap Index closed at 1,172.34 with 2.50% percent or −30.00  point. the S&P 400 Mid-Cap Index closed at 2,452.59 up with 2.83% percent or −71.44  point. the S&P 100 Index closed at 1,739.04 with 1.11% percent or −19.60 point.the Russell 3000 Index closed at 2,232.52 with a loss of -1.70% percent or −−38.65 point. the Russell 1000 Index closed at 2,120.53 with 1.62% or −34.96   point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,720.48 with 1.50% percent or ?423.49  point. Hong Kong’s Hang Seng is trading at 19,693.30 with 1.93% ercent or +373.38   point. China’s Shanghai Composite is trading at 3,254.38 with 0.75% percent or +24.31 point. India’s BSE Sensex is trading at 59,168.72 up with 0.057% percent or +33.59 point at 12:15 PM.For the day the FTSE 100 closed at 7,748.35 with 1.67% percent or ?131.63 point. France’s CAC 40 closed at 7,220.67 with 1.30% percent or ?95.21 point.Germany’s DAX closed at 15,427.97 with a loss of -1.31% percent or ?205.24 point.