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Dow Jones, S&P 500, Nasdaq futures: The three primary Wall Road indices — the Dow Jones, the S&P 500 and US tech stocks-heavy Nasdaq Composite — are set to make a robust begin on Monday, February 27, shrugging off weak spot throughout main European and Asian markets. A constructive transfer within the Dow Jones index could be music to the bulls’ ears, following the blue-chip gauge’s worst weekly fall since September 2022.
Nevertheless, warning persists amongst traders across the globe as information suggesting upbeat financial exercise and red-hot inflation from the US dashed nascent hopes of an early finish to the present cycle of fee hikes.
Analysts await a key US residence gross sales studying from the US and remarks of Fed official Philip Jefferson due afterward Monday for cues.
What Dow Jones, S&P 500, Nasdaq futures recommend forward of the opening bell on Wall Road
Dow Jones futures, S&P 500 futures and Nasdaq futures every rose round half a per cent on Monday night in India, suggesting a constructive begin forward on Wall Road.
- Dow Jones futures: up 149 factors — or 0.5 per cent — at 32,975
- S&P 500 futures: up 20 factors — or 0.5 per cent — at 3,995.8
- Nasdaq Composite futures: up 71 factors — or 0.6 per cent — at 12,068
In the meantime, European markets started the day within the inexperienced, shrugging off losses throughout their Asian friends — together with a seventh straight day of losses in Sensex and Nifty50, with the pan-continent Stoxx 600 index buying and selling 0.9 per cent greater on the final rely. ALSO READ: All Adani group shares bleed; a have a look at newest in Adani vs Hindenburg
- UK’s FTSE: up 0.8 per cent
- France’s CAC: up 1.6 per cent
- Germany’s DAX: up 1.5 per cent
World share market replace
MSCI’s All-Nation World Fairness index — aimed toward capturing international fairness motion — was down 1.2 per cent.
How Dow Jones, Nasdaq futures moved on Friday
Here is a have a look at how the Dow, the S&P 500 and the Nasdaq Composite fared on February 24:
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Dow Jones: down 337 factors — or one per cent — at 32,816.9
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S&P 500: down 42.3 factors — or 1.1 per cent — at 3,970
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Nasdaq Composite: down 195.5 factors — or 1.7 per cent — at 11,394.9
Barring two, all the 11 main sectoral gauges on S&P fell, with realty, expertise and shopper discretionary being the worst-hit areas. Megacap shares akin to Tesla and Amazon dropped sharply.
(With inputs from companies)
Catch all of the motion in Sensex and Nifty50 on February 27, and different market information. For information associated to enterprise, politics, tech, sports activities and auto, go to Zeebiz.com.
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