The Nikkei 225 Future is trading at 22,363.00 with a loss of -0.80% percent or -180.00 point.The Nifty Future is trading at 11,162.80 with a loss of -0.40% percent or -44.80 point.The Hang Seng Future is trading at 24,688.50 with a loss of -2.15% percent or -541.50 point.
TODAY’S FACTORS AND EVENTS
Japan’s Nikkei 225 futures NKc1 added 0.11%, while the Nikkei 225 index .N225 closed the overnight session down 0.58%. Hong Kong’s Hang Seng index futures .HSI HSIc1 lost 1.13%.
E-mini futures for the S&P 500 EScv1 rose 0.12%.
China said the U.S. move to close its Houston consulate this week had “severely harmed” relations and warned it “must” retaliate, after Washington ordered the office closed yesterday in a dramatic escalation of tension between the world’s two biggest economies. number of Americans filing for unemployment benefits unexpectedly rose to 1.416 million last week for the first time in nearly four months, suggesting the United States’ economic recovery is stalling amid a resurgence in COVID-19 cases. worsening pandemic, signs of weakening recovery and mixed corporate earnings all caused U.S. equities to drop sharply, with investors fleeing market-leading tech shares.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 26,652.33 with a loss of -1.31% percent or -353.51 point. The S&P 500 is trading at 3,235.66 with a loss of –1.23% percent or -40.36 point. The Nasdaq Composite is trading at 10,461.42 with a loss of -2.29% percent or -244.71 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 22,751.61 with a loss of –0.58% percent or –132.61 point. Hong Kong’s Hang Seng is trading at 24,666.30 with a loss of –2.36% percent or –596.70 point. China’s Shanghai Composite is trading at 3,196.77 with a loss of –3.86% percent or –128.34 point. India’s BSE Sensex is trading at 37,828.20 with a loss of -0.82% percent or –312.27 point at 12:15 PM.