Nasdaq Futures Opening Update as on 05 Oct 2020

U.S. stock higher in pre-market trading for,Oct 05.The Nasdaq Futures is trading at 11,352.80 up with +1.06% percent or +119.50 point.The Dow Futures is trading at 27,780.00 up with +0.78% percent or +215.00 point.The S&P 500 Futures is trading at 3,365.12 up with +0.77% percent or +25.87 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,312.14 up with + percent or +282.24 point. Hong Kong’s Hang Seng is trading at 23,772.24 up with +percent or   +313.19 point. China’s Shanghai  Composite is trading at 3,218.05 with a loss of – percent or –6.31 point. India’s BSE Sensex is trading at 39,061.75 up with + percent or +364.70 point at 12:15 PM.The FTSE 100 closed at 5,952.05 up with + percent or +49.93 point. France’s CAC  40 closed at 4,867.05 up with + percent or +42.17 point.Germany’s DAX closed at 12,783.47 with +percent or  +94.43 point.

Monday’s Factors and Events

Rallies have become stuck around the index’s 50-day average (now around 3360, less than half a percent above Friday’s close). Bespoke Investment Group calls this “a classic sign of a coiling market, and the fact that the S&P 500 recently broke up and out of a bull flag formation would suggest that the resolution will be higher when the breakout comes.”

Friday Activity

For the day The Nasdaq Composite is trading at 11,075.02 with a loss of – percent or 251.49 point.the Dow is trading at 27,682.81 with a loss of –percent or  –134.09 point. The S&P 500 is trading at 3,348.44 with a loss of – percent or –32.36  point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,539.30 up with +0.53% percent or +8.09 point; the S&P 600 Small-Cap Index closed at 876.58 up with +1.05% percent or +9.11 point; the S&P 400 Mid-Cap Index closed at 1,902.79 up with percent or  +17.85 point; the S&P 100 Index closed at 1,547.08 with a loss of – percent or  -22.80 point; the Russell 3000 Index closed at 1,966.37 with a loss of percent or –16.47 point; the Russell 1000 Index closed at 1,868.62 with a loss of –or –17.20 point