The FTSE 100 Futures is trading at 7,260.20 with a loss of -0.87% percent or -63.80 point. The CAC 40 Futures is trading at 5,551.80 with a loss of -0.78% percent or -43.70 point. The DAX Futures is trading at 12,148.50 with a loss of -0.67% percent or -81.80 point. The EURO Stoxx 50 Futures trading at 3,480.00 with a loss of -0.57% percent or -20.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set to drop at the open on Wednesday, tracking losses in the US and Asia amid worries about a global slowdown.
The FTSE 100 was called to open 30 points lower at 7,330.
US stocks slumped overnight after the release of dismal manufacturing data, with the ISM index for the sector falling to 47.8 in September from 49.1 in August, missing expectations and hitting it weakest level in a decade.
PREVIOUS DAY ACTIVITY
For the day the FTSE 100 closed at 7,286.36 with a loss of –1.00% percent or –73.96 point. France’s CAC 40 closed at 5,578.45 with a loss of –0.34% percent or –19.17 point.Germany’s DAX closed at 12,192.96 with a loss of -0.58% percent or -0.58% point.
For the day the Dow is trading at 26,573.04 with a loss of –1.28% percent or –343.79 point. The S&P 500 is trading at 2,940.25 with a loss of –1.23% percent or –36.49 point. The Nasdaq Composite is trading at 7,908.68 with a loss of –1.13% percent or –90.65 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,778.61 with a loss of –0.49% percent or –106.63 point. Hong Kong’s Hang Seng is trading at 26,018.34 with a loss of –0.28% percent or –73.93 point. China’s Shanghai Composite is trading at 2,905.19 with a loss of –0.92%percent or –26.98 point. India’s BSE Sensex is trading at 38,305.41 with a loss of –0.94% percent or –361.92 point at 12:15 PM.