The FTSE 100 Futures is trading at 6,015.30 with a loss of -1.23% percent or -75.20 point. The CAC 40 Futures is trading at 4,817.80 up with +0.07%percent or +3.30 point. The DAX Futures is trading at 11,967.30 up with +1.04% or +123.40 point. The EURO Stoxx 50 Futures trading at 3,148.00 with a loss of -0.13% percent or -4.00 point.
TODAY’S FACTORS AND EVENTS
London stocks were set for more losses on Friday following a dire session on Wall Street amid growing concerns about a second wave of Covid-19 and after data showed the UK economy contracted by a record 20.4% in April.
The FTSE 100 was called to open 30 points lower at 6,046.
Data released earlier by the Office for National Statistics showed UK GDP fell 20.4% on the month in April as the lockdown took its toll, versus consensus expectations for a 20% decline and following a 5.8% drop in March.
For the day the FTSE 100 closed at 6,071.15 with a loss of –0.091% percent or –5.55 point. France’s CAC 40 closed at 4,764.95 with a loss of –1.05% percent or –50.64 point.Germany’s DAX closed at 11,871.85 with a loss of -0.82% percent or –98.44 point.
For the day the Dow is trading at 25,128.17 with a loss of -6.90%percent or -1,861.82 point. The S&P 500 is trading at 3,002.10 with a loss of –5.89% percent or -188.04 point. The Nasdaq Composite is trading at 9,492.73 with a loss of -5.27% percent or -527.62 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,305.48 with a loss of –0.75% percent or –167.43 point. Hong Kong’s Hang Seng is trading at 24,220.46 with a loss of –1.06%percent or –259.69 point. China’s Shanghai Composite is trading at 2,919.74 with a loss of –0.040% percent or –1.16 point. India’s BSE Sensex is trading at 33,021.23 with a loss of -1.54% percent or –517.14 point at 12:15 PM.