UK PRE MARKET
The FTSE 100 Futures is trading at 7,844.00 with a loss of -0.45% percent or -35.50 point. The CAC 40 Futures is trading at 5,576.50 with a loss of -0.21% percent or -12.00 point . The DAX Futures is trading at 13,142.00 with a loss of -0.39% percent or -52.00 point . The EURO Stoxx 50 Futures is trading at 3,555.00 with a loss of -0.53% percent or -19.00 point.
TODAY’S FACTORS AND EVENTS
The FTSE 100 was climbed 18.28 points or 0.23% to 7,877.45, but failed to hold onto a late intraday high above 7,900 despite the pound giving up its earlier gains against the dollar. Sterling ended flat against the greenback at 1.3432 and gained 0.1% on the euro to 1.1400.
Chris Beauchamp, chief market analyst at IG, said: “Record highs on the FTSE 100 are becoming a daily occurrence it seems, as the index edges on further towards the 8,000 mark. At the rate it’s going, we should hit this round number by Thursday, if not earlier. Little has disturbed this trend over the past two months, proving that even this long-established bull market can deliver remarkable surprises. What makes it more fascinating is of course that it comes despite political ennui, Brexit turmoil and a deteriorating consumer backdrop.”
For the day the Dow is trading at 24,834.41 with a loss of -0.72% percent or -178.88 point. The S&P 500 is trading at 2,724.44 with a loss of -0.31% percent or -8.57 point. The Nasdaq Composite is trading at 7,378.46 with a loss of -0.21% percent or -15.58 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,689.74 with a loss of -1.18% percent or -270.60 point. Hong Kong’s Hang Seng is trading at 30,852.81 with a loss of -1.22% percent or -381.54 point. China’s Shanghai Composite is trading at 3,169.68 with a loss of -1.39% percent or -44.67 point. India’s BSE Sensex is trading at 34,620.22 with a loss of -0.090% percent or -31.02 point at 12:15 PM.