The DAX Futures is trading at 12,869.80 up with +0.22% or +28.70 point. The FTSE 100 Futures is trading at 6,069.80 up with +0.11% percent or +6.60 point. The CAC 40 Futures is trading at 4,953.20 with a loss of -0.16% percent or -7.80 point. The EURO Stoxx 50 Futures trading at 3,298.00 up with +0.18% percent or +6.00 point.
TODAY’S FACTORS AND EVENTS
Our opinion on this equity rally amid the pandemic remains: it’s nothing short of incredible…and that’s not meant in a complimentary way. Investors are placing their faith in a Fed that continues to promise “infinite QE,” even if it’s economically untenable and traders continue to think that President Donald Trump will simply not let the stock market crash ahead of his reelection bid.
For the day Germany’s DAX closed at 12,901.34 with a loss of -0.71% percent or –92.37 point.the FTSE 100 closed at 6,090.04 with a loss of –1.55% percent or –95.58 point. France’s CAC 40 closed at 4,962.93 with a loss of –1.58% percent or –79.45 point.
For the day the Dow is trading at 27,931.02 up with +0.12% percent or +34.30 point. The S&P 500 is trading at 3,372.85 with a loss of –0.017% percent or -0.58 point. The Nasdaq Composite is trading at 11,019.30 with a loss of -0.21% percent or -23.20 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,096.75 with a loss of –0.83% percent or –192.61 point. Hong Kong’s Hang Seng is trading at 25,432.53 up with +0.99% percent or +249.52 point. China’s Shanghai Composite is trading at 3,435.07 up with +2.23% percent or +74.97 point. India’s BSE Sensex is trading at 37,948.08 up with +0.19% percent or +70.74 point at 12:15 PM.