FTSE Futures Morning Update on 07 December

The FTSE 100 Futures is trading at 6,783.00  with a loss of  -0.03% percent or -2.00 point. The CAC 40 Futures is trading at 4,836.80  with a loss of -0.06% percent or -2.70 point The DAX Futures is trading at 10,924.20 with a loss of -0.04% percent or -4.3  point. The EURO Stoxx 50 Futures trading at 3,076.00  with a loss of -0.16% percent or -5.00  point.

TODAY’S FACTORS AND EVENTS

 London’s FTSE 100 sank to its lowest close in more than two years on Thursday, joining a broader market selloff as news of Canada’s arrest of a Chinese executive at the behest of the US reignited trade war concerns.

With the heavyweight oil sector also sliding due to plunging oil prices, the FTSE 100 finished down 217.79 points or 3.2% at 6,704.05, hitting its lowest closing level since 4 November 2016, with only three companies’ shares in positive territory. The more domestically focused FTSE 250 was 2.8% lower at 17,753.31, also near a two-year low.

PREVIOUS DAY ACTIVITY

For the day the FTSE 100 closed at 6,704.05  with a loss of – 3.15% percent or -217.79 point. France’s CAC 40 closed at 4,780.46 with a loss of -3.31% percent or -163.90 point. Germany’s DAX closed at 10,810.98 with a loss of -3.48% percent or  -389.26 point.

WORLD MARKETS

For the day the Dow is trading at 24,947.67 with a loss of -0.32% percent or -79.40 point. The S&P 500 is trading at 2,695.95 with a loss of – 0.15% percent or -4.11 point. The Nasdaq Composite is trading at 7,188.26  up with +0.42% percent or +29.83 point.

In other parts of world, Japan’s Nikkei 225 is trading at 21,678.68 up with +0.82% percent or +177.06 point. Hong Kong’s Hang Seng is trading at 26,166.40  up with +0.038% percent or +10.02 point. China’s Shanghai Composite is trading at 2,605.89 up with  +0.027% percent or  +0.71 point. India’s BSE Sensex is trading at  35,516.54 up with +0.58% percent or +204.99 point at 12:15 PM.