Nasdaq Futures Opening Update as on 21 March 2018

U.S. stock futures are lower in pre-market trading for Wednesday, March 21.The Nasdaq Futures are trading at 6,896.50  with a loss of -0.25% percent or -17.25 point.The S&P 500 Futures are trading at 2,721.75  with a loss of -0.06% percent or -1.75 point.The Dow Futures are trading at 24,747.00  with a loss of -0.07% percent or -18.00 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,380.97  with a loss of -99.93 percent or  -99.93 point. Hong Kong’s Hang Seng are trading at 31,531.28  with a loss of -0.06% percent or  -18.65 point. China’s Shanghai Composite are trading at 3,280.95   with a loss of  -0.29% percent or  -9.69 point. India’s BSE Sensex are trading at 33,198.87  for up with  +0.61% percent or +202.11 point at 12:15 PM.The FTSE 100 are trading at 7,035.89  with a loss of -0.36% percent or  -25.38 point. Germany’s DAX are trading at 12,333.43 for up with +0.21% percent or +26.10 point. France’s CAC 40 are trading at 5,252.10 with a loss of  -0.01% percent or -0.32 point. The Stoxx Europe 600 are trading at 375.42  with a loss of -0.05% percent or -0.17 point.

Wednesday’s Factors and Events

A surface-level glance at Apple’s first-quarter operating results in the previous two quarters could lead investors astray in an analysis of the tech giant’s services business. Apple’s operating data shows services revenue rising 34% year over year in the fourth quarter of fiscal 2017 and 18% year over year in the first quarter of fiscal 2018. This implies a significant deceleration in the segment’s year-over-year revenue growth rates.

But adjustments for a one-time item in the fourth quarter of 2017 and a shorter first quarter show the opposite is actually true. After these changes, Apple’s services business is actually seeing accelerating growth. Adjusted services revenue was up 24% year over year in Q4 and 27% year over year in Q1.

Tuesday’s Activity

U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 24,727.27 for up  with +0.47% percent or  +116.36 point. The S&P 500 closed at 2,716.94 for up with +0.15% percent or +4.02 point. The Nasdaq Composite closed at 7,364.30 for up with +0.27% percent or  +20.06 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,570.41 with a loss of -0.01% percent or -0.16 point; the S&P 600 Small-Cap Index closed at 959.43   with a loss of -0.07% percent or -0.71 point; the S&P 400 Mid-Cap Index closed at 1,918.74 for up with +0.06% percent or  +1.17 point; the S&P 100 Index closed at 1,192.43 for up  with +0.03% percent or +0.32 point; the Russell 3000 Index closed at 1,609.98 for up with +0.14% percent or  +2.29 point; the Russell 1000 Index closed at 1,506.62 for up with +0.16% percent or +2.34 point; and the Dow Jones U.S. Select Dividend Index closed at 24,727.27  for up with +0.47%  percent or +116.36 point.

Updates

nasdaqfutures.org_updates@imediaone.com

You may also like...

Rules of Discussion on Nasdaq Futures Opening Update as on 21 March 2018

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean