The Nikkei 225 Future is trading at 22,753.00 up with +0.86% percent or +193.00 point .The NSE Nifty Future is trading at 11,724.20 with a loss of -0.12% percent or -14.25 point. The Hang Seng Future is trading at 27,646.00 with a loss of -0.43% percent or -119.00 point.
TODAY’S FACTORS AND EVENTS
Asian stock markets started September lower on Monday, as trade-war fears increased after the U.S. and Canada missed a deal deadline set for Friday and uncertainty rose about escalating tariffs between the U.S. and China.
U.S. markets will be closed for the Labor Day holiday, but S&P 500 futures ESU8, +0.28% were up about 0.3%
Chinese stocks, already hit last week, continued to slump. The Shanghai Composite SHCOMP, -0.17% finished down 0.2%, and the Shenzhen Composite 399106, -0.17% was also off 0.2%. Hong Kong’s Hang Seng Index HSI, -0.63% shed 0.6%, as Tencent Holdings Ltd. 0700, -2.12% dropped an additional 2.1% following the Chinese government’s crackdown last week on online games.
WORLD MARKETS
For the day the Dow is trading at 25,964.82 with a loss of –0.085% percent or –22.10 point. The S&P 500 is trading at 2,901.52 up with +0.013% percent or +0.39 point. The Nasdaq Composite is trading at 8,109.54 up with +0.26% percent or +21.17 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,707.38 with a loss of –0.69% percent or –157.77 point. Hong Kong’s Hang Seng is trading at 27,672.34 with a loss of –0.78% percent or –216.21 point. China’s Shanghai Composite is trading at 2,720.73 with a loss of –0.17% percent or –4.52 point. India’s BSE Sensex is trading at 38,674.85 up with +0.077% percent or +27.56 point at 12:15 PM