The Nikkei 225 Future is trading at 21,680.00 with a loss of -0.09% percent or -20.00 point .The NSE Nifty Future is trading at 10,742.20 up with +0.17% percent or +18.25 point. The Hang Seng Future is trading at 28,049.00 with a loss of -0.93% percent or -262.00 point.
TODAY’S FACTORS AND EVENTS
U.S. stock-market indexes closed lower on Tuesday, reversing earlier gains as losses in the technology and financials sectors outweighed advances in energy, telecoms and real-estate shares.
Trading volumes were lower than normal because of the Fourth of July holiday on Wednesday. Markets closed at 1p.m. Eastern, three hours earlier than normal, and they will be closed all day on Wednesday.
U.S. benchmarks opened firmly higher, following gains in European equities, which were boosted after a last-minute deal on immigration in Germany. With the agreement in place, Chancellor Angela Merkel’s fragile coalition government stepped back from a full-blown crisis that could have cost Merkel her position as German leader.
The uncertainty over trade policy, however, was still hanging over markets. Planned tariffs on up to $50 billion on Chinese products are set to go into effect on Friday. The Trump administration was seen as keeping the U.S.-China tensions alive after late Monday saying it seeks to block China Mobile from operating in the U.S. market. The White House cited “national security interests” as the reason for refusing China Mobile access to the U.S.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 24,174.82 with a loss of -0.54% percent or -132.36 point. The S&P 500 is trading at 2,713.22 with a loss of -0.49% percent or -13.49 point. The Nasdaq Composite is trading at 7,502.6 with a loss of -0.86% percent or -65.01 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,717.04 with a loss of -0.31% percent or -68.50 point. Hong Kong’s Hang Seng is trading at 28,267.71 with a loss of -0.97% percent or -277.86 point. China’s Shanghai Composite is trading at 2,759.13 with a loss of -1.00% percent or -27.76 point. India’s BSE Sensex is trading at 35,524.31 up with +0.41% percent or +145.71 point at 12:15 PM.