U.S. stock futures lower in pre-market trading for , December 06.The Nasdaq Futures is trading at 6,652.00 with a loss of -2.22 percent or -151.25 point.The Dow Futures is trading at 24,650.00 with a loss of -1.58% percent or -396.00 point. The S&P 500 Futures is trading at 2,660.62 with a loss of -1.52% percent or -41.13 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 21,501.62 with a loss of -1.91% percent or -417.71 point. Hong Kong’s Hang Seng is trading at 26,098.07 with a loss of -2.69% percent or -721.61 point. China’s Shanghai Composite is trading at 2,605.18 with a loss of -1.68% percent or -44.62 point. India’s BSE Sensex is trading at 35,556.84 with a loss of -0.90% percent or -322.53 point at 12:15 PM.The FTSE 100 is trading at 6,746.62 with a loss of -2.53% percent or -2.53% point. Germany’s DAX is trading at 10,926.48 with a loss of -2.44% percent or -273.76 point. France’s CAC 40 is trading at 4,826.54 with a loss of -2.38% percent or -117.82 point. The Stoxx Europe 600 is trading at 346.16 with a loss of -2.29% percent or -8.16 point.
Thursday’s Factors and Events
The U.S. and China agreed over the weekend to hold off on any additional tariffs on each other’s goods, in order to allow trade talks to continue. Leaders from the two countries met over dinner at the G-20 summit in Argentina. The news sent stocks surging on Monday, with the Dow rallying more than 300 points. Stock futures surged Sunday night as investors initially cheered the news. Dow futures jumped nearly 500 points before Monday’s open.
But discrepancies over when that truce would begin have led to confusion. While President Donald Trump’s economic advisor, Larry Kudlow, told reporters Monday that the cease-fire would start from Jan. 1, the White House later issued a corrected statementsaying that the 90-day truce period started on Dec. 1.
Wednesday’s Activity
For the day The Nasdaq Composite is trading at 7,158.43 with a loss of -3.80% percent or -283.09 point.the Dow is trading at 25,027.07 with a loss of -3.10% percent or -799.36 point. The S&P 500 is trading at 2,700.06 with a loss of -3.24% percent or -90.31 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,480.75 with a loss of -4.40% percent or ?68.21 point; the S&P 600 Small-Cap Index closed at 925.06 with a loss of -4.61% percent or -44.71 point; the S&P 400 Mid-Cap Index closed at 1,826.62 with a loss of – 3.62% percent or -68.70 point; the S&P 100 Index closed at 1,197.48 with a loss of -3.32% percent or -41.15 point; the Russell 3000 Index closed at 1,589.08 with a loss of -3.34% percent or -54.83 point; the Russell 1000 Index closed at 1,492.29 with a loss of -3.25% percent or -50.16 point;