Nasdaq Futures Opening Update as on 09 May 2018

U.S. stock futures higher in pre-market trading for Wednesday, May 09.The Nasdaq Futures is trading at 6,830.75 up with +0.31% percent or +76.00 point.The Dow Futures is trading at 24,386.00 up with +0.33% percent or +79.00 point. The S&P 500 Futures is trading at 2,677.50 up with +0.27% percent or +7.25 point.

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,408.88  with a loss of -0.44% percent or  -99.81 point. Hong Kong’s Hang Seng is trading at 30,458.76 up  with +0.18% percent or +55.95 point. China’s Shanghai Composite is trading at 3,159.15  with a loss of -0.074% percent or -2.35 point. India’s BSE Sensex is trading at 35,278.54 up with +0.18% percent or +63.84  point at 12:15 PM.The FTSE 100 is trading at 7,595.67 up with +0.39% percent or +0.39% point. Germany’s DAX is trading at 12,912.89 up with +0.0053% percent or +0.68 point. France’s CAC 40 is trading at 5,519.64 with a loss of -0.041% percent or  -2.28 point. The Stoxx Europe 600 is trading at 390.55 with +0.13% percent or +0.55 point.

Wednesday’s Factors and Events

When talk around the water cooler turns to energy investments, it’s oil and gas companies that represent the usual suspects. Renewable energy companies like Vestas Wind Systems(NASDAQOTH: VWDRY) , First Solar (NASDAQ: FSLR) , and Ormat Technologies (NYSE: ORA) — companies whose names are far less recognizable than those like ExxonMobil andChevron — may not be on most investors’ radars. However, there are certainly reasons to believe that they should be.

Despite the Trump administration’s apparent lack of enthusiasm about renewable energy solutions, the industry continues to experience rapid growth worldwide. According to the International Renewable Energy Agency (IRENA), global renewable generation capacity increased by 167 gigawatts in 2017, representing year-over-year growth of about 8.3%. Speaking to this fact, General Adnan Z. Amin, IRENA’s director, recently stated, “This latest data confirms that the global energy transition continues to move forward at a fast pace, thanks to rapidly falling prices, technology improvements and an increasingly favorable policy environment.”

Tuesday’s Activity

U.S. market were mixed on Tuesday.For the day The Nasdaq Composite is trading at 7,266.90 up  with +0.023% percent or +1.69 point. the Dow is trading at 24,360.21 up with +0.012% percent or +2.89 point. The S&P 500 is trading at 2,671.92 with a loss of  -0.027% percent or  -0.71 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,586.39 up  with +0.47% percent or +7.44 point; the S&P 600 Small-Cap Index closed at 974.77  up with +0.86% percent or  +8.28 point; the S&P 400 Mid-Cap Index closed at 1,913.91 up with +0.31% percent or +5.99   point; the S&P 100 Index closed at 1,173.77  with a loss of -0.042% percent or -0.49 point; the Russell 3000 Index closed at 1,588.06 up with +0.039% percent or +0.62 point; the Russell 1000 Index closed at 1,483.14 up with +0.0026% percent or +0.038 point;

Updates

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