UK PRE MARKET
The FTSE 100 Futures is trading at 7,324.50 with a loss of -0.16%percent or -11.50 point. The CAC 40 Futures is trading at 5,245.20 with a loss of -0.33% percent or -17.30 point . The DAX Futures is trading at 11,957.50 up with +0.05% percent or +6.50 point . The EURO Stoxx 50 Futures is trading at 3,299.00 up with +0.09% percent or +3.00 point.
TODAY’S FACTORS AND EVENTS
There has been no end to the steady selling across indices, and once again it is Nasdaq that has taken the brunt of the downward move. Still, such a pullback is entirely healthy, and indeed welcome, and fits well within the historical pattern of both an average September and of those in mid-term years such as this,” said IG’s Chris Beauchamp.
German factory orders slid by 0.9% month-on-month in July (consensus: 1.6%), according to the Federal Office of Statistics, weighed down by a 4.0% decline in orders from outside the single currency bloc and a 2.7% contraction in those for capital equipment.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,995.87 up with +0.080% percent or +20.88 point. The S&P 500 is trading at 2,878.05 with a loss of -0.37% percent or -10.55 point. The Nasdaq Composite is trading at 7,922.73 with a loss of -0.91% percent or -72.45 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,307.06 with a loss of -0.80% percent or -180.88 point. Hong Kong’s Hang Seng is trading at 26,982.63 up with +0.029% percent or +7.81 point. China’s Shanghai Composite is trading at 2,702.30 up with +0.40% percent or +10.71 point. India’s BSE Sensex is trading at 38,260.32 up with +0.046% percent or +17.51 point at 12:15 PM.