U.S. stock futures are mixed in pre-market trading for Tuesday, February 06. The Nasdaq Futures are trading at 6,462.50 for up with +0.52% percent or +33.25 point.The S&P 500 Futures are trading at 2,611.50 for up with +0.14% percent or +3.75 point.The Dow Futures are trading at 23,767.00 with a loss of -0.71% percent or -171.00 point.
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 are trading at 21,610.24 with a loss of -4.73% percent or -1,071.84 point. Hong Kong’s Hang Seng are trading at 30,835.82 with a loss of -4.37% percent or -1,409.40 point. China’s Shanghai Composite are trading at 3,370.65 with a loss -3.35% percent or -116.84 point. India’s BSE Sensex are trading at 33,899.00 with a loss of -2.47% percent or -858.16 point at 12:15 PM.The FTSE 100 are trading at 7,171.56 with a loss of -2.23% percent or -163.42 point. Germany’s DAX are trading at 12,403.57 with a loss of -2.24% percent or -283.92 point. France’s CAC 40 are trading at 5,185.31 with a loss of–1.90% percent or -100.51 point. The Stoxx Europe 600 are trading at 374.15 with a loss of -2.05% percent or -7.84 point.
Tuesday’s Factors and Events
U.S. stock index futures pared significant losses ahead of Tuesday’s open, but still pointed to a sharply negative open as the sell-off continues to weigh on sentiment worldwide.
During Monday’s late hours, Dow futures were down 826 points, and S&P 500 futures were lower by 76.5 points as of 11:25 p.m. ET, indicating that the implied open for the Dow, based on futures, was a decline of 1,203.75. Around 5:45 a.m. ET, Dow futures were indicating a roughly 445 point drop at the open.
On Monday, the Dow Jones industrial average dropped 1,175.21 points to close down at 24,345.75 — having briefly declined more than 1,500 points during the session; with other major indexes closing sharply lower. The sell-off kicked into action on Friday, after the latest nonfarm payrolls report saw interest rates in the U.S. jump.
Monday’s Activity
U.S. market were lower on Monday. For the day the Dow Jones Industrial Average closed at 24,345.75 with a loss of -4.60% percent or -1,175.21 point. The S&P 500 closed at 2,648.94 with a loss of -4.10% percent or -113.19 point. The Nasdaq Composite closed at 6,967.53 with a loss of -3.78% percent or -273.42 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,491.09 with a loss of -3.63% percent or -56.18 point; the S&P 600 Small-Cap Index closed at 908.74 with a loss of -3.68% percent or -34.75 point; the S&P 400 Mid-Cap Index closed at 1,849.53 with a loss of -3.56% percent or -68.21 point; the S&P 100 Index closed at 1,171.85 with a loss of -4.31% percent or -52.84 point; the Russell 3000 Index closed at 1,564.66 with a loss of -3.98% percent or -64.90 point; the Russell 1000 Index closed at 1,466.98 with a loss of -4.01% percent or -61.29 point; and the Dow Jones U.S. Select Dividend Index closed at 24,345.75 with a loss of -4.60% percent or -1,175.21 point.