The DAX Futures is trading at 12,443.50 with a loss of -0.76% percent or -95.00 point .The FTSE 100 Futures is trading at 7,569.50 with a loss of -0.69% percent or -52.50 point. The CAC 40 Futures is trading at 5,348.63 with a loss of -0.72% percent or -38.75 point . The EURO Stoxx 50 Futures is trading at 3,403.00 with a loss of -0.70% percent or -24.00 point.
TODAY’S FACTORS AND EVENTS
European markets struggled nearly all week as the U.S. trade policies caused fears of a global trade war. Markets did put in a strong finish on Friday; but for the most part it wasn’t enough to erase losses from early in the week, and European markets finished with broad based weekly losses. The pan-European Stoxx Europe 600 fell 1.1% on a weekly basis, but Germany’s DAX led losses as it fell 3.3% for the week. Germany has the most to lose if protectionist trade policies take on a greater prominence globally. In France, the CAC 40 was 2.1% lower for the week after suffering a string of five losing sessions. London’s FTSE bucked the losing trend as it gained 0.7% for the week after flipping from negative territory with its Friday results.
For the day the Dow is trading at 24,580.89 up with +0.49% percent or +119.19 point. The S&P 500 is trading at 2,754.88 up with +0.19% percent or +5.12 point. The Nasdaq Composite is trading at 7,692.82 with a loss of -0.26% percent or -20.14 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,338.15 with a loss of -0.79% percent or -178.68 point. Hong Kong’s Hang Seng is trading at 28,930.77 with a loss of -1.39% percent or -407.93 point. China’s Shanghai Composite is trading at 2,859.34 with a loss of -1.05% percent or -30.42 point. India’s BSE Sensex is trading at 35,592.31 with a loss of -0.27% percent or -97.29 point at 12:15 PM.