The post discusses Dow Jones stock markets futures on August 13, 2024. It also talks about the current position of other futures as seen at the start of the week.
Highlights –
- On Monday (12th of August) Dow ended lower by 140 points.
- Investors have been keeping a close eye on Dow Jones stock markets futures.
- Because of extreme volatility since the past week, the industrial average for Dow Jones went down by 0.4%.
Dow Jones Stock Markets Futures – An Overview
A lot of things have been going on in the stock market since the past week. Even the category of futures has been affected by the fluctuations.
Several factors are responsible for the existing condition of the financial market. The most crucial ones are the US job data and concerns about recession. A slow economic growth is predicted in the coming times and there can be a rise in geopolitical tensions.
The industrial average of Dow Jones moved down about 0.4% to 0.6% on Monday.
People are having a close look at the stocks of companies like Microsoft, UnitedHealth, Amazon, IBM, and Apple. Some other popular business enterprises to look for are Spotify, ServiceNow, Shake Shack, and Ferrari.
The Status of Dow Jones Stock Markets Futures on 13 August
As of now (13 August), Dow Jones stock markets futures are standing at a valuation of 39,418.73. This shows a better performance than the previous days.
The slight growth in the Dow Jones futures has been seen since this morning. Apart from this, NASDAQ futures and S&P 500 futures have also seen growth.
If someone looks at the current market trends then the earning season is not so good. But as compared to the other weeks the condition is still better.
The Current Position of the Futures Market
On 5 August, the stock market saw a major downfall. The main outcomes were global sell-offs and wipeout of capital. The market seems to be rebounding at the present.
If we look at the data that is available right now then Dow Jones stock markets futures advanced around 0.2%. Other futures like NASDAQ and S&P 500 also grew 0.25%. Even the crude oil futures saw an upward position of 1%. Hence, now on Tuesday, August 13, the position of futures looks better.
Dow Jones Stock Markets Futures Conclusion
Dow Jones stock markets futures have fluctuated a little. Investors were expecting big fluctuations after the US-based job reports and inflation data. But the changes have not been very huge. Despite of the key inflation data, various US stock futures have seen a better position. Even though the rise is not very big but still it is a good sign for the market.
On August 13, the industrial average futures of Dow Jones saw a growth of 0.21% which is about 81 points. Economists feel that the market conditions are still uncertain and a constant eye should be kept on severe fluctuations. For more such important stuff and to-the-point stories on finance make sure to access Financereview.Org.
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