U.S. stock lower in pre-market trading for,July 16.The Nasdaq Futures is trading at 10,588.00 with a loss of -0.89% percent or -95.25 point.The Dow Futures is trading at 26,639.00  with a loss of -0.47% percent or -126.00 point.The S&P 500 Futures is trading at 3,202.62  with a loss of -0.52% percent or -16.88 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 22,770.36 with a loss of –0.76% percent or –175.14 point. Hong Kong’s Hang Seng is trading at 25,100.10 with a loss of  –1.50% percent or –381.48  point. China’s Shanghai  Composite is trading at 3,210.10 with a loss of –4.50% percent or –151.21 point. India’s BSE Sensex is trading at 36,246.70 up with +0.54% percent or +194.89  point at 12:15 PM.Germany’s DAX is trading at 12,857.79 with a loss of –0.57% percent or -73.19 point. France’s CAC 40 is trading at 5,073.89 with a loss of –0.69% percent or –35.08 point. The Stoxx Europe 600 is trading at 371.33  with a loss of -0.68% percent or –2.54 point.

Thursday’s Factors and Events

Wall Street futures slipped lower Thursday, while the dollar regained its footing and oil prices slumped, as markets reacted to mixed economic data from China, tensions between Washington and Beijing and near-record coronavirus infection rates in the United States.

The breadth of the pandemic in the world’s largest economy, which has infected more than 3.5 million people and killed at least 137,000, is showing little sign of abating this week as new cases topped 67,300 yesterday, according to CDC data, and state governors continue to pause or reverse re-opening plans.

Wednesday Activity

For the day The Nasdaq Composite is trading at 10,550.49 up with +0.59% percent or +61.92  point.the Dow is trading at 26,870.10 up with +0.85% percent or +227.51 point. The S&P 500 is trading at 3,226.56 up with +0.91% percent or +29.04 point. 

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,478.27 up  with +3.50% percent or +50.01 point; the S&P 600 Small-Cap Index closed at 853.10  up with +3.66% percent or +30.11 point; the S&P 400 Mid-Cap Index closed at 1,836.30  up with +3.01% percent or +53.66 point; the S&P 100 Index closed at 1,490.35 up with +0.44% percent or  +6.55  point; the Russell 3000 Index closed at 1,883.65 up with +1.17% percent or +21.85 point; the Russell 1000 Index closed at 1,789.72 up with +1.04% or +18.37 point.