US PRE MARKET
The US Dollar Index are trading at 89.67 with a loss of -0.16% percent or -0.13 point. The cac 40 index are trading at 5,112.54 with a loss of -1.06% percent or -54.66 point . The DAX Index are trading at 30.01 with a loss of -1.89% percent or -0.58 point. The EURO Stoxx 50 Index are trading at 3,311.78 with a loss of -1.09% percent or -36.41 point.
TODAY’S FACTORS AND EVENTS
The yen hit a 16-month high against the dollar on Friday as concerns over rising global trade tensions triggered a bout of investor risk aversion.
U.S. President Donald Trump signed a presidential memorandum on Thursday that will target up to $60 billion in Chinese goods with tariffs, but only after a 30-day consultation period that starts once a list is published.
While his actions appeared to be more of a warning shot than the start of a full-blown trade war with Beijing, U.S. equities slumped as investors fretted about the potential impact on global trade.
PREVIOUS DAY ACTIVITY
U.S. market were lower on Thursday. For the day the Dow Jones Industrial Average closed at 23,957.89 with a loss of -2.93% percent or -724.42 point. The S&P 500 closed at 2,643.69 with a loss of -2.52% percent or -68.24 point. The Nasdaq Composite closed at 7,166.68 with a loss of -2.43% percent or -178.61 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,543.87 with a loss of -2.24%percent or -35.43 point; the S&P 600 Small-Cap Index closed at 943.41 with a loss of -2.15% percent or -20.74 point; the S&P 400 Mid-Cap Index closed at 1,875.86 with a loss of -2.54% percent or -48.83 point; the S&P 100 Index closed at 1,157.91 with a loss of -2.66% percent or -31.62 point; the Russell 3000 Index closed at 1,568.72 with a loss of -2.48% percent or -39.85 point; the Russell 1000 Index closed at 1,466.92 with a loss of -2.50% percent or -37.56 point; and the Dow Jones U.S. Select Dividend Index closed at 23,957.89 with a loss of -2.93% percent or -724.42 point.