U.S. stock futures are higher in pre-market trading for Monday, March 26. The Nasdaq Futures are trading at 6,646.50 for up with +1.41% percent or +92.25 point.The S&P 500 Futures are trading at 2,628.00 for up with +1.16% percent or +29.25 point.The Dow Futures are trading at 23,849.00 for up with +1.00% percent or +237.00 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,766.10 for up with +0.72% percent or +148.24 point. Hong Kong’s Hang Seng are trading at 30,402.66 for up with +0.31% percent or + 93.37 point. China’s Shanghai Composite are trading at 3,133.72 with a loss of -0.60% percent or -19.04 point. India’s BSE Sensex are trading at 32,692.89 for up with +0.30% percent or +96.35 point at 12:15 PM.The FTSE 100 are trading at 6,942.09 for up with +0.29% percent or +20.15 point. Germany’s DAX are trading at 11,937.32 for up with +0.43% percent or +51.01 point. France’s CAC 40 are trading at 5,106.70 for up with +0.23% percent or +11.49 point. The Stoxx Europe 600 are trading at 366.73 for up with +0.25% percent or +0.91 point.
Monday’s Factors and Events
Dropbox makes its public debut on the Nasdaq Stock Market in one of this year’s most highly-anticipated IPOs. A pioneer in file-sharing software, Dropbox is an innovative and fast-growing company with half a billion registered users — 100 million of whom joined just in the past year.
In a nutshell, Dropbox lets you create a folder on your computer where you can store your files, which are then hosted in the cloud. You can then access those files from anywhere in the world, on any computer or smartphone. You can also use Dropbox to share large files quickly with other people, which is a feature commonly used by consumers and businesses everywhere.
It’s hard to believe because the company still feels new and fresh, but Dropbox was born over 10 years ago, when co-founder and CEO Drew Houston was taking a bus from Boston to New York City, and realized he had forgotten his thumb drive. He told Business Insider , “I was so frustrated-really with myself, because this kept happening. And I’m like, my God, I never want to have this problem again. And I opened up the editor and started writing some code. I had no idea what it would become.”
Friday’s Activity
U.S. market were lower on Friday. For the day the Dow Jones Industrial Average closed at 23,533.20 with a loss of -1.77% percent or -424.69 point. The S&P 500 closed at 2,588.26 with a loss of -2.10% percent or -55.43 point. The Nasdaq Composite closed at 6,992.67 with a loss of -2.43% percent or -174.01 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,510.08 with a loss of –2.19% percent or -33.79 point; the S&P 600 Small-Cap Index closed at 923.12 with a loss of -2.15% percent or –20.29 point; the S&P 400 Mid-Cap Index closed at 1,839.47 with a loss of -1.94% percent or -36.39 point; the S&P 100 Index closed at 1,133.01 with a loss of -2.15% percent or -24.90 point; the Russell 3000 Index closed at 1,536.27 with a loss of -2.07% percent or -32.45 point; the Russell 1000 Index closed at 1,436.72 with a loss of -2.06% percent or -30.20 point; and the Dow Jones U.S. Select Dividend Index closed at 23,533.20 with a loss of -1.77% percent or -424.69 point.