U.S. stock futures lower in pre-market trading for Tuesday, May 15. The Nasdaq Futures is trading at 6,961.50 with a loss of -0.17% percent or -12.00 point.The Dow Futures is trading at 24,849.00 with a loss of -0.15% percent or -37.00 point.The S&P 500 Futures is trading at 2,727.00 with a loss of -0.15% percent or -4.00 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,818.02 with a loss of -0.21% percent or -47.84 point. Hong Kong’s Hang Seng is trading at 31,209.08 with a loss of -1.05% percent or -332.00 point. China’s Shanghai Composite is trading at 3,188.69 up with +0.46% percent or +14.65 point. India’s BSE Sensex is trading at 35,775.88 up with +0.62% percent or +219.17 point at 12:15 PM.The FTSE 100 is trading at 7,727.18 up with +0.21% percent or +16.20 point. Germany’s DAX is trading at 12,963.69 with a loss of -0.11% percent or -14.02 point. France’s CAC 40 is trading at 5,545.48 up with +0.087% percent or +4.80 point. The Stoxx Europe 600 is trading at 392.27 up with +0.02% percent or +0.07 point.
Tuesday’s Factors and Events
Monday’s Activity
U.S. market were higher on Monday.For the day The Nasdaq Composite is trading at 7,411.32 up with +0.11% percent or +8.43 point. the Dow is trading at 24,899.41 up with +0.27% percent or +68.24 point. The S&P 500 is trading at 2,730.13 up with +0.088% percent or +2.41 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,600.34 with a loss of -0.40% percent or -6.45 point; the S&P 600 Small-Cap Index closed at 982.13 with a loss of -0.48% percent or -4.74 point; the S&P 400 Mid-Cap Index closed at 1,935.23 with a loss of -0.20% percent or -3.86 point; the S&P 100 Index closed at 1,202.06 up with +0.16% percent or +1.93 point; the Russell 3000 Index closed at 1,619.40 up with +0.034% percent or +0.54 point; the Russell 1000 Index closed at 1,513.79 up with +0.070% percent or +1.06 point;
Shares of Walmart WMT opened higher on Monday as investors assess how the retail powerhouse might perform in the first quarter. With that said, let’s take a look at some of Walmart’s latest Q1 estimates to see what investors should really expect from Walmart’s Q1 financial results during a big week for retailers.
Walmart stock is up 9% over the last year, but its shares have fallen 19% during the last 12 weeks. The recent downturn comes after the company reported relatively solid fourth quarter results. Much of the concern likely comes from Walmart’s e-commerce sales, which slowed in Q4 after a sustained stretch of massive growth.