U.S. stock futures mixed in pre-market trading for Thursday, May 31. The Nasdaq Futures is trading at 6,992.75 up with +0.08% percent or +5.50 point.The Dow Futures is trading at 24,655.00 with a loss of -0.06% percent or – 14.00 point.The S&P 500 Futures is trading at 2,723.75 with a loss of -0.03% percent or -0.25 point.
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,201.82 up with +0.83% percent or +183.30 point. Hong Kong’s Hang Seng is trading at 30,376.72 up with +1.06% percent or +319.93 point. China’s Shanghai Composite is trading at 3,095.47 up with +1.78% percent or +54.03 point. India’s BSE Sensex is trading at 35,058.88 up with +0.44% percent or +152.77 point at 12:15 PM.The FTSE 100 is trading at 7,701.25 up with +0.15% percent or +11.68 point. Germany’s DAX is trading at 12,735.78 with a loss of -0.38% percent or -48.08 point. France’s CAC 40 is trading at 5,437.65 up with +0.19% percent or +10.31 point. The Stoxx Europe 600 is trading at 386.11 up with +0.16% percent or +0.64 point.
Thursday’s Factors and Events
Wednesday’s Activity
For the day The Nasdaq Composite is trading at 77,462.45 up with +0.89% percent or +65.86 point. the Dow is trading at 24,667.78 up with +1.26% percent or +306.33 point. The S&P 500 is trading at 2,724.01 up with +1.27% percent or +34.15 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,647.99 up with +1.50% percent or +24.34 point; the S&P 600 Small-Cap Index closed at 1,018.46 up with +1.42% percent or +14.29 point; the S&P 400 Mid-Cap Index closed at 1,967.96 up with +1.48% percent or +28.72 point; the S&P 100 Index closed at 1,194.90 up with +1.23% percent or +14.56 point; the Russell 3000 Index closed at 1,622.14 up with +1.28% percent or +20.52 point; the Russell 1000 Index closed at 1,512.79 up with +1.26% percent or +18.86 point;
Canada will “respond appropriately” to any U.S. steel and aluminum tariffs, Foreign Minister Chrystia Freeland said on Wednesday, less than two days before the punitive measures are due to kick in.
U.S. President Donald Trump announced the tariffs in March but later suspended them until June 1 to give the United States, Mexico and Canada time to push ahead with negotiations to rework the North American Free Trade Agreement. Talks on the pact have stalled, however.
“The government is absolutely prepared to – and will defend – Canadian industries and Canadian jobs. We will respond appropriately,” Freeland told reporters when asked about possible U.S. action.