U.S. stock futures higher in pre-market trading for , February 11.The Nasdaq Futures is trading at 6,949.75 up with +0.48% percent or +33.00 point.The Dow Futures is trading at 25,170.00 up with +0.35% percent or +89.00 point. The S&P 500 Futures is trading at 2,716.38 up with +0.37% percent or +10.13 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 28,102.03 up with +0.56% percent or +155.71 point. China’s Shanghai Composite is trading at 2,652.04 up with +1.29% percent or +33.81 point. India’s BSE Sensex is trading at 36,418.85 with a loss of -0.35% percent or -127.63 point at 12:15 PM.The FTSE 100 is trading at 7,111.88 up with +0.58% percent or +40.70 point. Germany’s DAX is trading at 11,009.25 up with +0.94% percent or +102.47 point. France’s CAC 40 is trading at 5,013.02 up with +1.04% percent or +51.39 point. The Stoxx Europe 600 is trading at 361.24 up with +0.89% percent or +3.16 point.
Monday’s Factors and Events
Wall Street closed lower on the back of concerns over the ongoing trade war and slower economic growth concerns. The sentiment has continued onto Monday, ahead of further trade meetings between the U.S. and the Chinese administrations later this week. Time is running out ahead of the self-imposed deadlines of March 2. Failure to reach an agreement will raise U.S. tariffs on $200 billion worth of Chinese to 25 percent from 10 percent.
There is also a growing focus on a potential second government shutdown, given that Democrats and Republicans remain at odds over border policy. President Donald Trump tweeted this weekend “I actually believe they (Democrats) want a shutdown.”
Friday’s Activity
For the day The Nasdaq Composite is trading at 7,298.20 up with +0.14% percent or +9.85 point. the Dow is trading at 25,106.33 with a loss of -0.25% percent or -63.20 point. The S&P 500 is trading at 2,707.88 up with +0.068% percent or +1.83 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 28,143.84 up with +0.71% percent or +197.52 point. China’s Shanghai Composite is trading at 2,653.90 up with +1.36% percent or +35.66 point. India’s BSE Sensex is trading at 36,395.03 with a loss of -0.41% percent or -151.45 point at 12:15 PM.