Nasdaq Futures Opening Update as on 26 May 2018

U.S. stock futures higher in pre-market trading for Friday, May 25. The Nasdaq Futures is trading at 6,985.25 up with +0.40% percent or +28.00 point.The Dow Futures is trading at 24,870.00 up  with +0.27% percent or +67.00 point.The S&P 500 Futures is trading at 2,734.00 up with +0.24% percent or +6.50 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,450.79 up with +0.061% percent or +13.78 point. Hong Kong’s Hang Seng is trading at 30,605.04 with a loss of -0.51% percent or  -155.37 point. China’s Shanghai Composite is trading at 3,141.30 with a loss of  -0.42% percent or  -13.35 point. India’s BSE Sensex is trading at 34,814.32   up with +0.44%  percent or  +151.21  point at 12:15 PM.The FTSE 100 is trading at 7,733.08 up with +0.21% percent or +16.34 point. Germany’s DAX is trading at 12,980.22 up with +0.97% percent or +125.13 point. France’s CAC 40 is trading at 5,576.27 up with +0.50% percent or +27.83 point. The Stoxx Europe 600 is trading at 391.92 up with +0.36% percent or  +1.41 point.

Friday’s Factors and Events

NASDAQ: MU) has been on a tear over the past year. On Monday, May 21, the maker of DRAM and NAND flash memory held its 2018 Analyst Day. Not only did management increase the current quarter’s guidance range for earnings per share , from a range of $2.76 to $2.90 to a much higher $3.12 to $3.16 per share, but key executives also outlined why Micron is primed for even more success in the coming years.

The market seemed to agree, sending shares up almost 4%, with nearly another 4% surge in after-hours trading when new CFO Dave Zinsner made an announcement Micron investors have been waiting years to hear. So, what had the market so jazzed?

Thursday’s Activity

U.S. market were lower on Thursday.For the day The Nasdaq Composite is trading at 7,424.43  with a loss of -0.021% percent or  -1.53 point. the Dow is trading at 24,811.76  with a loss of -0.30% percent or -75.05 point. The S&P 500 is trading at 2,727.76  with a loss of  -0.20% percent or -5.53 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,628.22 up with +0.038% percent or +0.61 point; the S&P 600 Small-Cap Index closed at 1,005.10 up with +0.043% percent or + 0.43 point; the S&P 400 Mid-Cap Index closed at 1,951.55 up with +0.052% percent or +1.02 point; the S&P 100 Index closed at 1,197.68  with a loss of -0.31% percent or  -3.78 point; the Russell 3000 Index closed at 1,621.37  with a loss of -0.16% percent or  -2.63 point; the Russell 1000 Index closed at 1,513.57 with a loss of -0.18% percent or -2.71 point;

Updates

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