U.S. stock futures higher in pre-market trading for Friday, June 29. The Nasdaq Futures is trading at 7,089.50 up with +0.41% percent or +29.00 point.The Dow Futures is trading at 24,309.00 up with +0.37% percent or +89.00 point.The S&P 500 Futures is trading at 2,726.75 up with +0.35% percent or +9.50 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,304.51 up with +0.15% percent or +34.12 point. Hong Kong’s Hang Seng is trading at 28,945.98 up with + 1.57% percent or +448.66 point. China’s Shanghai Composite is trading at 2,847.42 up with +2.17% percent or +60.52 point. India’s BSE Sensex is trading at 35,332.13 up with +0.84% percent or +294.49 point at 12:15 PM.The FTSE 100 is trading at 7,664.80 up with +0.65 percent or +49.17 point. Germany’s DAX is trading at 12,293.61 up with +0.96% percent or +116.38 point. France’s CAC 40 is trading at 5,330.42 up with +1.04% percent or +54.78 point. The Stoxx Europe 600 is trading at 380.03 up with +0.84% percent or +3.22 point.
Friday’s Factors and Events
This morning, the newest component company of the Dow Jones Industrial Average, Walgreens Boots Alliance (WBA), released earnings for the third quarter of their financial year. I’m sure many of those observers were puzzled after the release, not by the numbers themselves but by the market reaction.
WBA beat on both the top and bottom lines, but the stock looks like it will open the day significantly lower than yesterday’s close. The drop started in reaction to earnings, but then really gained ground with the announcement that Amazon (AMZN) was buying the online pharmacy PillPack.
For the day The Nasdaq Composite is trading at 7,503.68 up with +0.79% percent or +58.60 point.the Dow is trading at 24,216.05 up with +0.41% percent or +98.46 point. The S&P 500 is trading at 2,716.31 up with +0.62% percent or +16.68 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,645.02 up with +0.28% percent or +4.56 point; the S&P 600 Small-Cap Index closed at 1,020.22 up with +0.28% percent or +2.86 point; the S&P 400 Mid-Cap Index closed at 1,950.37 up with +0.39% percent or +7.56 point; the S&P 100 Index closed at 1,194.20 up with +0.76% percent or +8.95 point; the Russell 3000 Index closed at 1,617.96 up with +0.60%percent or +9.57 point; the Russell 1000 Index closed at 1,508.77 up with +0.62% percent or +9.33 point;