The DAX Futures is trading at 10,716.50 up with +0.68% or +71.90 point.The FTSE 100 Futures is trading at 5,830.50 with a loss of -0.03% percent or -2.00 point. The CAC 40 Futures is trading at 4,462.50 with a loss of –0.28% percent or -12.50 point. The EURO Stoxx 50 Futures trading at 2,844.00 with a loss of -0.28% percent or –8.00 point.
TODAY’S FACTORS AND EVENTS
The DAX got knocked over yesterday, losing 3.6% as it continued to pull off from the bottom-side of a resistance zone we were eyeing a week ago as a potentially problematic area – the gap from March 6/9 and very near the underside of the 2011 trend-line.
YESTERDAY ACTIVITY
For the day Germany’s DAX closed at 10,704.11 with a loss of -0.24% percent or –25.35 point.the FTSE 100 closed at 5,858.28 up with +0.15% percent or +8.86 point. France’s CAC 40 closed at 4,471.75 with a loss of –0.25%percent or –11.38 point.
WORLD MARKETS
For the day the Dow is trading at 23,883.09 up with +0.56% percent or +133.33 point. The S&P 500 is trading at 2,868.44 with +0.90% percent or +25.70 point. The Nasdaq Composite is trading at 8,809.12 up with +1.13% percent or +98.41 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,619.35 with a loss of –2.84% percent or –574.34 point. Hong Kong’s Hang Seng is trading at 24,190.23 up with +1.35%percent or +321.57 point. China’s Shanghai Composite is trading at 2,878.14 up with +0.63% percent or +18.06 point. India’s BSE Sensex is trading at 31,790.68 with +1.07% percent or +337.17 point at 12:15 PM.