Nasdaq Futures Opening Update as on 27 August 2018

U.S. stock futures higher  in pre-market trading for Friday, August 27.The Nasdaq Futures is trading at 7,523.75  up with +0.37% percent or +0.37% point.The Dow Futures is trading at 25,868.00  up with  +0.29% percent or  +76.00 point. The S&P 500 Futures is trading at 2,883.75  up with +0.24% percent or  +7.00 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,799.64 up with +0.88% percent or +197.87 point. Hong Kong’s Hang Seng is trading at 28,270.32 up with +2.16% percent or  +598.45 point. China’s Shanghai Composite is trading at 2,780.90 up with +1.89% percent or +51.47  point. India’s BSE Sensex is trading at 38,687.55  up with +1.14% percent or  +435.75  point at 12:15 PM.The FTSE 100 is trading at 7,577.49  up with +0.19% percent or +14.27 point. Germany’s DAX is trading at 12,453.10 up  with +0.47% percent or +58.58  point. France’s CAC 40 is trading at 5,453.80 up with +0.39% percent or +21.31 point. The Stoxx Europe 600 is trading at 384.46 up with +0.23% percent or +0.93 point.

Monday’s Factors and Events

U.S. government debt prices traded higher on Monday.

The yield on the benchmark 10-year Treasury note moved lower to 2.815 percent, while the yield on the 30-year Treasury bond was also dragging at 2.967 percent. Bond yields move inversely to prices.

The Federal Open Market Committee (FOMC) has approved seven quarter-point rate rises in a cycle that began in December 2015. The central bank has hiked rates twice this year, and rate setters have indicated that two more are yet to come.

Friday’s Activity

U.S. market were higher on Friday.For the day  The Nasdaq Composite is trading at 7,945.98 up with +0.86% percent or +67.52  point.the Dow is trading at 25,790.35 up with +0.52% percent or +133.37 point. The S&P 500 is trading at 2,874.69 up with +0.62% percent or +17.71 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,725.67 up with 0.50% percent or +8.62 point; the S&P 600 Small-Cap Index closed at 1,091.55 up with +0.35% percent or +3.85 point; the S&P 400 Mid-Cap Index closed at 2,035.10 up with +0.40% percent or +8.19 point; the S&P 100 Index closed at 1,272.43 up with +0.58% percent or +7.35 point; the Russell 3000 Index closed at 1,710.13 up with +0.62% percent or +10.60 point; the Russell 1000 Index closed at 1,595.73  up with +0.63% percent or +10.05 point;