The DAX Futures is trading at 13,041.00 with a loss of -0.23% or -30.00 point. The FTSE 100 Futures is trading at 6,209.80 with a loss of -0.78% percent or -48.70  point. The CAC 40 Futures is trading at 5,066.50 with  a loss of -0.10% percent or -5.00 point.The EURO Stoxx 50 Futures trading at 3,354.00 with a loss of -0.24% percent or -0.24% point.

TODAY’S FACTORS AND EVENTS

China sanctions 11 US officials including Senator Marco Rubio in response to the increasingly hostile stance from the Trump Administration which threatened to ban TikTok by September if the company did not sell its US operations to a US buyer. TikTok has become the fastest-growing new social media application in the world, but fears over the security of its customer data have rattled US officials.

YESTERDAY ACTIVITY

For the day Germany’s DAX closed at 13,040.63 with a loss of -0.14% percent or –18.00 point.the FTSE 100 closed at 6,222.35  with a loss of –0.92% percent or –57.77  point. France’s CAC  40 closed at 5,066.77 with a loss of –0.13% percent or –6.54  point.

WORLD MARKETS

For the day the Dow is trading at 27,976.84 up with +1.05% percent or +289.93 point. The S&P 500 is trading at 3,380.35 up with  +1.40% percent or +46.66 point. The Nasdaq Composite is trading at 11,012.24  up with +2.13% percent or +229.42 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,249.61 up with +1.78% percent or +405.65 point. Hong Kong’s Hang Seng is trading at 25,230.67 with a loss of –0.053% percent or ?13.35 point. China’s Shanghai  Composite is trading at 3,320.73 up with +0.044% percent or +1.46 point. India’s BSE Sensex is trading at 38,315.02 with a loss of –0.14% percent or –54.61  point at 12:15 PM.