Nasdaq Futures Opening Update as on 11 June 2019

U.S. stock futures higher in pre-market trading for , June 11 The Nasdaq Futures is trading at 7,565.00  up with +0.66% percent or +49.50 point.The Dow Futures is trading at 26,198.50  up with +0.43% percent or +112.50 point.The S&P 500 Futures is trading at 2,902.38 up with +0.45% percent or +13.13 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,134.42  up with +1.20% percent or +249.71 point. Hong Kong’s Hang Seng is trading at 27,531.86 up with +2.10% percent or +566.58   point. China’s Shanghai Composite is trading at 2,852.13 up with +0.86% percent or +24.33 point. India’s BSE Sensex is trading at 39,670.32  up with +0.14% percent or +54.42 point at 12:15 PM.The FTSE 100 is trading at 7,403.23 up with +0.38% percent or +27.69 point. Germany’s DAX is trading at 12,198.32 up with +1.27% percent or +152.94 point. France’s CAC 40 is trading at 5,424.24 up with +0.78% percent or +41.75 point. The Stoxx Europe 600 is trading at 381.52 up  with +0.86% percent or +3.25 point.

Tuesday’s Factors and Events

the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.1448%, while the yield on the 30-year Treasury bond was also higher at around 2.6273%.

Market participants have been increasingly concerned that the bond market is indicating a deteriorating economic outlook in recent weeks.

However, U.S. Treasury Secretary Steven Mnuchin disputed that interpretation in an interview with CNBC on Monday.

Mnuchin said falling bond yields, rather than warning of a recession, should be viewed as a sign that the Federal Reserve would cut interest rates over the coming months.

Monday Activity

For the day The Nasdaq Composite is trading at 7,823.17  up with +1.05% percent or +81.07 point.the Dow is trading at 26,062.68 up  with +0.30% percent or +78.74 point. The S&P 500 is trading at 2,886.73 up with +0.47% percent or +13.39 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,523.56 up  with +0.61% percent or +9.17 point; the S&P 600 Small-Cap Index closed at 926.60 up with +0.73% percent or +6.71 point; the S&P 400 Mid-Cap Index closed at 1,902.19  up with +0.54% percent or +10.19 point; the S&P 100 Index closed at 1,272.58 up with +0.55% percent or +6.93 point; the Russell 3000 Index closed at 1,697.87  up with +0.50% percent or +8.43 point; the Russell 1000 Index closed at 1,598.94 up with +0.49% or +7.82 point.