FTSE Futures Morning Update on 26 October

The FTSE 100 Futures is trading at 6,884.20  with a loss of -1.29% percent or -89.80 point. The CAC 40 Futures is trading at 4,936.00 with a loss of  –1.85% percent or -93.00 point The DAX Futures is trading at 11,119.50  with a loss of -1.68% percent or -190.00 point. The EURO Stoxx 50 Futures trading at 3,108.00  with a loss of  -1.52% percent or -48.00 point.

TODAY’S FACTORS AND EVENTS

London stocks mounted a spirited fightback along with their European allies to counter the overnight onslaught on Wall Street and in Asia, helped by some solid company updates and a softer pound and euro.

The FTSE 100 recovered 41 points or 0.6% lost earlier in the week to close at 7,004.10, while the pound made a late slide of 0.5% against the dollar to 1.2818 and 0.3% versus the euro to 1.1274.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 6,907.62 with a loss of -1.38% percent or -96.48 point. France’s CAC 40 closed at 4,955.72 with a loss of -1.52% percent or  -79.25 point. Germany’s DAX closed at 11,155.52   with a loss of -1.33% percent or -82.65 point.

WORLD MARKETS

For the day the Dow is trading at 24,984.55 up with +1.63% percent or  +401.13 point. The S&P 500 is trading at 2,705.57 up with +1.86%percent or +49.47 point. The Nasdaq Composite is trading at 7,318.34 up with +2.95% percent or +209.94 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,184.60 with a loss of -0.40% percent or -84.13  point. Hong Kong’s Hang Seng is trading at 24,700.99 with a loss of -1.17% percent or -293.47 point. China’s Shanghai Composite is trading at 2,598.85  with a loss of -0.19% percent or  -4.95 point. India’s BSE Sensex is trading at 33,576.58  with a loss of -0.34% percent or -113.51 point at 12:15 PM.