The DAX Futures is trading at 11,858.50 up with +0.51% percent or +60.10 point.The FTSE 100 Futures is trading at 7,322.00 up with +0.00% percent or +0.00 point. The CAC 40 Futures is trading at 5,454.50 up with +0.71% percent or +38.50 point. The EURO Stoxx 50 Futures trading at 3,344.00 up with +0.36% percent or +12.00 point.
TODAY’S FACTORS AND EVENTS
Investors have become used to lukewarm data out of the eurozone and Germany, but are also discovering that the mighty U.S. economy is showing signs of slowing down. Retail sales, the primary gauge of consumer spending, looked dismal in March. The indicator declined by 0.2%, shy of the estimate of +0.3%. Core retail sales declined by 0.4%, a sharp drop from the 0.9% gain a month earlier. Both indicators posted the second decline in three months, which is bound to raise concerns about the strength of the economy. Growth for the first quarter could be as low as 0.8% annualized, compared to 2.2% in the third quarter.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,179.13 with a loss of -0.30% percent or -79.29 point. The S&P 500 is trading at 2,867.24 up with +0.0017% percent or +0.050 point. The Nasdaq Composite is trading at 7,848.69 up with +0.25% percent or +19.78 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,713.21 up with +0.97% percent or +207.90 point. Hong Kong’s Hang Seng is trading at 29,922.05 up with +1.00% percent or +297.38 point. China’s Shanghai Composite is trading at 3,216.74 up with +1.26% percent or +39.92 point. India’s BSE Sensex is trading at 39,188.71 up with +0.34% percent or +132.06 point at 12:15 PM.