U.S. stock futures are higher in pre-market trading for Friday, February 23. The Nasdaq Futures are trading at 6,811.50 for up with +0.34% percent or +22.75 point.The S&P 500 Futures are trading at 2,717.75 for up with +0.23% percent or +6.25 point.The Dow Futures are trading at 25,118.00 for up with +0.42% percent or +105.00 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,892.78 for up with +0.72% percent or +156.34 point. Hong Kong’s Hang Seng are trading at 31,267.17 for up with +0.97% percent or +301.49 point. China’s Shanghai Composite are trading at 3,289.02 for up with +0.63% percent or +20.47 point. India’s BSE Sensex are trading at 34,109.94 for up with +0.86% percent or +290.44 point at 12:15 PM.The FTSE 100 are trading at 7,239.38 with a loss of -0.18% percent or -13.01 point. Germany’s DAX are trading at 12,471.75 for up with +0.08% percent or +8.08 point. France’s CAC 40 are trading at 5,307.95 with a loss of -0.02% percent or -1.28 point. The Stoxx Europe 600 are trading at 380.41 for up with +0.02% percent or +0.07 point.
Friday’s Factors and Events
The Nasdaq composite closed lower for a fourth straight day on Friday, notching its longest losing streak since November 2016. The Dow Jones industrial average and S&P 500 snapped a two-day slide, but closed well off the highs as worries about rising rates lingered.
The tech-heavy Nasdaq ended the session 0.1 percent lower at 7,210.09. At its session high, it rose as much as 0.9 percent. But declines in Netflix, Google-parent Alphabet and the iShares Nasdaq Biotechnology exchange-traded fund (IBB) pressured the index lower.
U.S. market were mixed on Thursday. For the day the Dow Jones Industrial Average closed at 24,962.48 for up with +0.66% percent or +164.70 point. The S&P 500 closed at 2,703.96 for up with +0.10% percent or +2.63 point. The Nasdaq Composite closed at 7,210.09 with a loss of -0.11% percent or -8.14 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,529.99 with a loss of -0.12% percent or -1.85 point; the S&P 600 Small-Cap Index closed at 934.92 with 0.00% percent or -0.01 point; the S&P 400 Mid-Cap Index closed at 1,881.28 with a loss of -0.15% percent or – 2.76 point; the S&P 100 Index closed at 1,196.37 for up with +0.17% percent or +1.99 point; the Russell 3000 Index closed at 1,597.11 for up with +0.05% percent or +0.78 point; the Russell 1000 Index closed at 1,496.78 for up with +0.06% percent or +0.94 point; and the Dow Jones U.S. Select Dividend Index closed at 24,962.48 for up with +0.66% percent or +164.70 point.