U.S. stock higher in pre-market trading for,July 08.The Nasdaq Futures is trading at 10,565.80 up with +0.32% percent or +33.50 point.The Dow Futures is trading at 25,784.50 up with +0.06% percent or +14.50 point.The S&P 500 Futures is trading at 3,141.38 up with +0.16% percent or +4.88 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,438.65 with a loss of –0.78% percent or –176.04 point. Hong Kong’s Hang Seng is trading at 26,094.61 up with +0.46% percent or +118.95 point. China’s Shanghai Composite is trading at 3,410.59 up with +1.95%percent or +65.25 point. India’s BSE Sensex is trading at 36,596.64 with a loss of -0.21% percent or –77.88 point at 12:15 PM.Germany’s DAX is trading at 12,581.21 with a loss of –0.28% percent or -35.59 point. France’s CAC 40 is trading at 5,010.74 with a loss of –0.65% percent or –32.98 point. The Stoxx Europe 600 is trading at 367.99 with a loss of -0.26% percent or –0.97 point.
Wednesday’s Factors and Events
The DJIA index is in battle with 200-day simple moving average on a daily chart. Yes, the Dow Jones index closed above this important moving average yesterday but bulls need to make sure that the DJIA index remains above this moving average. If we fail to have another positive strong close today, the Dow Jones price may begin its consolidation once again.
For the day The Nasdaq Composite is trading at 10,343.89 with a loss of -0.86% percent or -89.76 point.the Dow is trading at 25,890.18 with a loss of -1.51% percent or -396.85 point. The S&P 500 is trading at 3,145.32 with a loss of –1.08% percent or -34.40 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,416.00 with a loss of -1.86% percent or -26.89 point; the S&P 600 Small-Cap Index closed at 815.23 with a loss of –2.00% percent or -16.66 point; the S&P 400 Mid-Cap Index closed at 1,762.92 with a loss of –1.92% percent or -34.44 point; the S&P 100 Index closed at 1,456.52 with a loss of –0.96% percent or -14.11 point; the Russell 3000 Index closed at 1,833.99 with a loss of –1.10% percent or -20.47 point; the Russell 1000 Index closed at 1,744.23 up with 1.06% or -18.66 point.