US PRE MARKET

The S&P 500 Futures are trading at 2,433.75  with a loss of -0.15% percent or  –61.85 point. Other U.S. stock futures are lower in pre-market trading for Wednesday, June 21. The Dow Futures are trading at 21,434.50  with a loss of -0.01% percent or -2.50 point. The Nasdaq Futures are trading at 5,725.12 with a loss of -0.13% percent or -7.37 point.

WEDNESDAY’S FACTORS AND EVENTS

U.S. stock index futures pointed to a mixed open on Wednesday, with investors keeping a close eye on moves in the oil market.

Dow futures slipped 14 points, while S&P and Nasdaq futures fell 5 points and 14.25 points, respectively.

Crude prices tumbled more than 2 percent, sending energy stocks lower on Tuesday on signs of rising oil production. That raised doubts about the state of compliance by OPEC and non-OPEC countries when it came to slashing production.

 On Tuesday, Libya and Nigeria – who are both exempt from the production reduction deal – were reportedly seeing increases in their oil supplies.

Prices remained under pressure on Wednesday, with U.S. crude trading around $43.50, while Brent hovered around $45.98 at 7:43 a.m. ET.

TUESDAY’S ACTIVITY

U.S. market indexes were lower on Tuesday. For the day The S&P 500 closed at 2,437.03  with a loss of  –0.67% percent or –16.43 point. the Dow Jones Industrial Average closed at 21,467.14 with a loss of –0.29% percent or –61.85 point. The Nasdaq Composite closed at 6,188.03 with a loss of  –0.82% percent or – 50.98 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,402.97 with a loss of -1.07% percent or -15.11 point; the S&P 600 Small-Cap Index closed at 846.74 with a loss of  –1.21% percent or  –10.41 point; the S&P 400 Mid-Cap Index closed at 1,745.41 with a loss of- 1.07% percent or –18.79 point; the S&P 100 Index closed at 1,074.69 with a loss of  –0.61% percent or  –6.55 point; the Russell 3000 Index closed at 1,442.33 with a loss of -0.72% percent or -10.49 point; the Russell 1000 Index closed at 1,350.06  with a loss of -0.69% percent or -9.44 point; and the Dow Jones U.S. Select Dividend Index closed at 21,467.14 with a loss of –0.29% percent or -0.69% point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 are trading at 20,138.79 with a loss of –0.45% percent or –91.62 point. Hong Kong’s Hang Seng are trading at 25,694.58 with a loss of –0.57% percent or – 148.46 point. China’s Shanghai Composite are trading at 3,156.21 for up with  +0.52% percent or +16.20 point. India’s S&P BSE Sensex are trading at 31,283.64 with a loss of –0.04% percent or –13.89 point. In Europe, the FTSE 100 are trading at 7,431.55 with a loss up –0.55% percent or –41.35 point. Germany’s DAX are trading at 12,752.15  with a loss of  –0.49% percent or –62.64 point. France’s CAC 40 are trading at 5,253.86 with a loss of –0.75% percent or –39.79 point. The Stoxx Europe 600 are trading at 387.59  with a loss of -0.43% percent or -1.68 point.