The Nikkei 225 Future is trading at 21,402.50 up with +0.01% percent or +2.50 point .The NSE Nifty Future is trading at 10,798.80 with a loss of -0.05% percent or -5.70 point. The Hang Seng Future is trading at 28,767.50 up with +0.39% percent or +112.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei snapped four straight days of gains on Friday as weak U.S. economic data dampened sentiment, though the selling was contained by more signs of progress in U.S.-China trade talks.
The Nikkei share average .N225 dropped 0.2 percent to 21,425.51, while it posted a 2.5 percent gain for the week.
The U.S. Commerce Department said new orders for key U.S.-made capital goods unexpectedly fell in December. Philadelphia Federal Reserve’s gauge of U.S. Mid-Atlantic business activity also declined in February to its weakest since May 2016, while another report showed U.S. existing home sales dropped last month to the lowest since November 2015. U.S. economic indicators are worrying the market, but hopes for more progress in U.S.-China trade talks are supporting the mood,” said Shoji Hirakawa, chief global strategist at Tokai Tokyo Research Institute.
For the day the Dow is trading at 25,954.44 up with +0.24% percent or +63.12 point. The S&P 500 is trading at 2,784.70 up with +0.18% percent or +4.94 point. The Nasdaq Composite is trading at 7,489.07 up with +0.031% percent or +2.30 point.
In other parts of world, Japan’s Nikkei 225 is trading at 21,464.23 up with +0.15% percent or +32.74 point. Hong Kong’s Hang Seng is trading at 28,578.20 up with +0.22% percent or +64.15 point. China’s Shanghai Composite is trading at 2,748.62 with a loss of -0.46% percent or -12.60 point. India’s BSE Sensex is trading at 35,851.25 up with +0.27% percent or +94.99 point at 12:15 PM.