The DAX Futures is trading at 12,070.30 with a loss of -0.23% percent or -27.30 point. The CAC 40 Futures is trading at 5,373.20 with a loss of -0.25% percent or -13.30 point. The EURO Stoxx 50 Futures trading at 3,368.00 with a loss of -0.06% percent or -2.00 point.
TODAY’S FACTORS AND EVENTS
Broadcom (NASDAQ:AVGO), the gigantic Singapore chipmaker, has dragged down European stocks on Friday. Broadcom has forecast a hit of some $2 billion to revenue, another casualty in the bitter trade war between the U.S. and China. The negative news has hurt technology stocks, and the tecDAX, which tracks the 30 largest technology companies in Germany, is down 1.1% on Friday. The DAX is also trading lower.
PREVIOUS DAY ACTIVITY
For the day Germany’s DAX closed at 12,085.82 with a loss of -0.09% percent or -10.58 point. the FTSE 100 closed at 7,366.98 up with +0.12% percent or +8.89 point. France’s CAC 40 closed at 5,390.95 up with +0.43% percent or +23.34 point.
WORLD MARKETS
For the day the Dow is trading at 26,112.53 up with +0.088% percent or +22.92 point. The S&P 500 is trading at 2,889.67 up with +0.093% percent or +2.69 point. The Nasdaq Composite is trading at 7,845.02 up with +0.62% percent or +48.37 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,972.71 with a loss of -0.72% percent or -151.29 point. Hong Kong’s Hang Seng is trading at 27,537.29 up with +1.14% percent or +310.13 point. China’s Shanghai Composite is trading at 2,890.16 up with +0.088% percent or +2.54 point. India’s BSE Sensex is trading at 39,133.59 up with +0.44% percent or +172.80 point at 12:15 PM.
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