The Nikkei 225 Future is trading at 20,597.00 with a loss of -0.06% percent or -13.00 point . The NSE Nifty Future is trading at 10,698.20 up with +0.28% percent or +30.20 point. The Hang Seng Future is trading at 27,557.00 with a loss of -0.03% percent or -9.00 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei fell on Wednesday, with index component Dainippon Sumitomo Pharma plunging after a clinical trial for a new drug failed to complete, offsetting optimism over a spurt in Apple’s shares.
The Nikkei share average .N225 declined 0.5 percent to 20,556.54, after opening a tad higher. Though sentiment is weak, the index has managed to stay above its 25-day moving average of 20,325.
Investors initially took heart from Apple Inc’s AAPL.O share price jump after the bell as the iPhone maker reported sharp growth in its services business. That followed its warning earlier this month that revenue would be less than previously expected due to softness in China.
For the day the Dow is trading at 24,579.96 up with +0.21% percent or +51.74 point. The S&P 500 is trading at 2,640.00 with a loss of -0.15% percent or -3.85 point. The Nasdaq Composite is trading at 7,028.29 with a loss of -0.81% percent or -57.39 point.
In other parts of world, Japan’s Nikkei 225 is trading at 20,556.54 with a loss of -0.52% percent or -108.10 point. Hong Kong’s Hang Seng is trading at 27,531.88 up with +0.00073% percent or +0.20 point. China’s Shanghai Composite is trading at 2,575.58 with a loss of -0.72% percent or -18.68 point. India’s BSE Sensex is trading at 35,616.37 up with +0.067% percent or +23.87 point at 12:15 PM.