U.S. stock futures higher in pre-market trading for , April 02.The Nasdaq Futures is trading at 7,497.75 with a loss of -0.01% percent or -0.75 point.The Dow Futures is trading at 26,267.50 up with +0.04% percent or +9.50 point. The S&P 500 Futures is trading at 2,871.12 up with +0.02% percent or +0.62 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,505.31 with a loss of -0.017% percent or -3.72 point. Hong Kong’s Hang Seng is trading at 29,592.60 up with +0.10% percent or +30.58 point. China’s Shanghai Composite is trading at 3,175.91 up with +0.17% percent or +5.55 point. India’s BSE Sensex is trading at 39,026.74 up with +0.40% percent or +154.87 point at 12:15 PM.The FTSE 100 is trading at 7,375.00 up with +0.79% percent or +57.62 point. Germany’s DAX is trading at 11,741.54 up with +0.51% percent or +59.55 point. France’s CAC 40 is trading at 5,424.06 up with +0.34% percent or +18.54 point. The Stoxx Europe 600 is trading at 384.67 up with +0.27% percent or +1.03 point.
Tuesday’s Factors and Events
“The momentum is still positive and we’re constantly drifting higher,” said Michael Katz, partner at Seven Points Capital. “Barring any bad news, that’s going to be the case until we do get some sort of bigger piece of macro news.”
Bank stocks rose broadly. Citigroup, Goldman Sachs, Morgan Stanley, Bank of America and J.P. Morgan Chase all closed at least 2.5 percent higher. The SPDR S&P Bank ETF (KBE) jumped 2.8 percent as yield rose.
U.S. manufacturing activity expanded last month, rebounding from its lowest level since late 2016, according to data from the Institute for Supply Management. The Dow and S&P 500 jumped to their highs of the day on the data.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,556.06 up with +1.06% percent or +16.33 point; the S&P 600 Small-Cap Index closed at 951.15 up with +1.26% percent or +11.85 point; the S&P 400 Mid-Cap Index closed at 1,922.51 up with +1.38% percent or +26.24 point; the S&P 100 Index closed at 1,265.92 up with +1.15% percent or +14.36 point; the Russell 3000 Index closed at 1,690.18 up with +1.17% percent or +19.47 point; the Russell 1000 Index closed at 1,588.65 up with +1.17% or +18.42 point.