US PRE MARKET

The US Dollar Index are trading at 97.36 for up with +0.42% percent or +0.41 point . The cac 40 index are trading at 5,275.58 for up with +0.22% percent or 11.34 point . The DAX Index are trading at 12,753.23 for up with +0.31% percent or +39.65 point. The EURO Stoxx 50 Index are trading at 3,568.69 for up with +0.13% percent or +4.81 point .

TODAY’s FACTORS AND EVENTS

U.S. stock index futures pointed to a higher open on Friday, following results of the U.K. election, with Theresa May’s Conservative party losing its outright majority in parliament.

E-mini futures for the Dow, Nasdaq and S&P 500 all pointed higher at 7:25 a.m. ET, after news emerged that the U.K.’s snap election had ended in a hung parliament.

With U.K. Prime Minister Theresa May having called for an election earlier this year, her party, the Conservatives, had expected to strengthen their hand in the June 8 election, but have ended up losing a number of seats in parliament, meaning the election has shown no clear majority.

 Since no party secured an outright majority, Britain is facing a hung parliament. That means multiple parties have to work together to hammer out a coalition government. This can also delay, or hurt, upcoming Brexit negotiations, as well as affect May’s political future.

PREVIOUS DAY ACTIVIT

U.S. market indexes were higher Thursday. For the day the Dow Jones Industrial Average closed at 21,182.53 for up with +0.04% percent or +8.84 point. The S&P 500 closed at 2,433.79 for up with +0.03% percent or +0.65 point. The Nasdaq Composite closed at 6,321.76 for up with +0.39% percent or +24.38 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,414.08 for up with +1.31% percent or +18.31 point; the S&P 600 Small-Cap Index closed at 857.88 for up with +1.38% percent or +11.68 point; the S&P 400 Mid-Cap Index closed at 1,750.76 for up with +0.80% percent or +13.92 point; the S&P 100 Index closed at 1,073.04 with a loss of –0.04% percent or  –0.43 point; the Russell 3000 Index closed at 1,441.95 for up with +0.15% percent or +2.16 point; the Russell 1000 Index closed at 1,348.69 for up with +0.05% percent or 0.71 point; and the Dow Jones U.S. Select Dividend Index closed at 21,182.53 for up with +0.04% percent or +8.84 point.