U.S. stock futures lower in pre-market trading for , February 08.The Nasdaq Futures is trading at 6,870.00 with a loss of -0.51% percent or -35.50 point.The Dow Futures is trading at 25,046.00 with a loss of -0.34% percent or -85.00 point. The S&P 500 Futures is trading at 2,693.88 with a loss of -0.37% percent or -10.12 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 20,333.17 with a loss of -2.01% percent or -418.11 point. Hong Kong’s Hang Seng is trading at 27,972.55 with a loss of -0.063% percent or -17.66 point. China’s Shanghai Composite is trading at 2,618.23 up with +1.30% percent or +33.66 point. India’s BSE Sensex is trading at 36,741.37 with a loss of -0.62% percent or -229.72 point at 12:15 PM.The FTSE 100 is trading at 7,100.23 up with +0.094% percent or +6.65 point. Germany’s DAX is trading at 11,024.90 up with +0.026% percent or +2.88 point. France’s CAC 40 is trading at 4,994.97 with +0.19% percent or +9.41 point. The Stoxx Europe 600 is trading at 360.23 up with +0.04% percent or +0.14 point.
Friday’s Factors and Events
Market focus is largely attuned to global trade developments, after President Donald Trump said he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline to reach a deal.
Trump’s stance rattled investors hoping for a positive resolution to a long-running trade dispute between the world’s two largest economies.
While Trump and Xi are still expected to meet eventually, there’s too much work to do to flesh out a deal with China and prepare Trump for a high-stakes meeting with North Korea’s Kim Jong Un. Trump’s summit with Kim is set for Feb. 27-28.
For the day The Nasdaq Composite is trading at 7,288.35 with a loss of -1.18% percent or -86.93 point.the Dow is trading at 25,169.53 with a loss of -0.87% percent or -220.77 point. The S&P 500 is trading at 2,706.05 with a loss of -0.94% percent or -25.56 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,333.17 with a loss of -2.01% percent or -418.11 point. Hong Kong’s Hang Seng is trading at 27,946.32 with a loss of -0.16% percent or -43.89 point. China’s Shanghai Composite is trading at 2,618.23 up with +1.30% percent or +33.66 point. India’s BSE Sensex is trading at 36,546.48 with a loss of -1.15% percent or -424.61 point at 12:15 PM.