UK PRE MARKET
The FTSE 100 Futures is trading at 7,517.00 up with +0.13% percent or +9.50 point. The CAC 40 Futures is trading at 5,320.50 up with +0.070% percent or +3.74 point . The DAX Futures is trading at 12,307.50 up with +0.02% percent or +2.50 point . The EURO Stoxx 50 Futures is trading at 3,405.00 up with +0.09% percent or +3.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set to edge lower at the open on Wednesday amid ongoing trade war jitters.
The FTSE 100 was called to open eight points lower at 7,585, while US markets will be closed for the Independence Day holiday.
London Capital Group analyst Jasper Lawler said: “With just two days to go until the US-Sino trade war threats start to take effect, relations between the US and China remain hostile, rattling investors. Further blocks and red tape this time on the likes of Micron Technology and China Mobile, highlighted the likelihood of increased friction between the two nations, as we move towards Friday’s US imposed deadline.
For the day the Dow is trading at 24,174.82 with a loss of -0.54% percent or -132.36 point. The S&P 500 is trading at 2,713.22 with a loss of -0.49% percent or -13.49 point. The Nasdaq Composite is trading at 7,502.67 with a loss of -0.86% percent or -65.01 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,546.99 with a loss of -0.78% percent or -170.05 point. Hong Kong’s Hang Seng is trading at 27,933.90 with a loss of -1.09% percent or -307.77 point. China’s Shanghai Composite is trading at 2,731.43 with a loss of -1.00% percent or -27.70 point. India’s BSE Sensex is trading at 35,563.48 with a loss of -0.23% percent or -81.92 point at 12:15 PM.