The FTSE 100 Futures is trading at 5,911.20 with a loss of -0.28% percent or -16.80 point. The CAC 40 Futures is trading at 4,957.00 with a loss of -0.26% percent or -13.00 point. The DAX Futures is trading at 12,937.80 up with +0.12% or +0.12% point. The EURO Stoxx 50 Futures trading at 3,258.00 with a loss of -0.31% percent or -10.00 point.
TODAY’S FACTORS AND EVENTS
CMC Markets analyst David Madden said: “The continued fear surrounding the US tech sector was the main story yesterday, and it is likely to be the focus of today’s trading session too. Relations between the US and China are deteriorating. President Trump talked about ‘decoupling’ the US economy from China as he wants his country to be less dependent on the nation. China is the workshop of the world as its cost of manufacturing is very low, so it won’t be easy to undone all the integration.”
For the day the FTSE 100 closed at 5,930.30 with a loss of – percent or ?7.10 point. France’s CAC 40 closed at 4,973.52 with a loss of – percent or –80.20 point.Germany’s DAX closed at 12,968.33 with a loss of –percent or –131.95 point.
For the day the Dow is trading at 27,500.89 with a loss of – percent or –632.42 point. The S&P 500 is trading at 3,331.84 with a loss of – percent or –95.12 point. The Nasdaq Composite is trading at 10,847.69with a loss of – percent or –465.44 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,032.54 with a loss of percent or –241.59 point. Hong Kong’s Hang Seng is trading at 24,351.00 with a loss of – percent or ?273.34 point. China’s Shanghai Composite is trading at 3,254.63 with a loss of – percent or –61.79 point. India’s BSE Sensex is trading at 38,084.61 with a loss of – percent or ?280.74 point at 12:15 PM.