US PRE MARKET
The S&P 500 Futures are trading at 2,444.50 for up with +0.25% percent or +6.00 point. Other U.S. stock futures are lower in pre-market trading for Thursday, June 29. The Dow Futures are trading at 21,438.50 for up with +0.17% percent or +36.50 point. The Nasdaq Futures are trading at 5,754.50 with a loss of -0.16% percent or -9.00 point.
THURSDAY’S FACTORS AND EVENTS
U.S. government debt prices extended losses on Thursday, as investors geared up for more data releases, while keeping an eye on the central bank space.
The yield on the benchmark 10-year Treasury note sat higher at around 2.275 percent at 7:40 a.m. ET, while the yield on the 30-year Treasury bond was up at 2.826 percent. Bond yields move inversely to prices.
In data news, real Gross Domestic Product (GDP) data is due out at 8.30 a.m. ET, along with jobless claims. Meanwhile, investors will likely be keeping a close eye on yields in the bond market, as yields move higher.
On Wednesday, Reuters reported citing sources familiar with the matter, that the European Central Bank’s President Mario Draghi intended to signal tolerance for a period of weaker inflation during his speech on Tuesday, rather than an imminent policy tightening.
Meanwhile, Bank of England Governor Mark Carney said on Wednesday the central bank was likely to need to increase interest rates, adding that it would debate this “in the coming months”.
WEDNESDAY’S ACTIVITY
U.S. market indexes were higher on Wednesday. For the day The S&P 500 closed at 2,440.69 for up with +0.88% percent or +21.31 point.the Dow Jones Industrial Average closed at 21,454.61 for up with +0.68% percent or +143.95 point. The Nasdaq Composite closed at 6,234.41 for up with +1.43% percent or +87.79 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,426.39 for up with +1.47% percent or+20.65 point; the S&P 600 Small-Cap Index closed at 860.54 for up with +1.53% percent or +12.96 point; the S&P 400 Mid-Cap Index closed at 1,755.79 for up with +1.11% percent or +19.21 point; the S&P 100 Index closed at 1,075.74 for up with + 0.88% percent or +9.38 point; the Russell 3000 Index closed at 1,446.97 for up with of +0.94% percent or +13.53 point; the Russell 1000 Index closed at 1,353.01 for up with +0.89% percent or +11.99 point; and the Dow Jones U.S. Select Dividend Index closed at 21,454.61 for up with +0.68% percent or +143.95 point.
WORLD MARKETS
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,220.30 for up with +0.45% percent or +89.89 point. Hong Kong’s Hang Seng are trading at 25,965.42 for up with + 1.10% percent or +281.92 point. China’s Shanghai Composite are trading at 3,188.06 for up with +0.47% percent or +14.86 point. India’s S&P BSE Sensex are trading at 30,857.52 for up with +0.08% percent or 23.20 point at 12:26 PM . In Europe, the FTSE 100 are trading at 7,419.89 for up with 0.43% percent or +32.09 point. Germany’s DAX are trading at 12,633.93 with a loss of –0.11% percent or –13.34 point. France’s CAC 40 are trading at 5,224.91 with a loss of –0.53% percent or –27.99 point. The Stoxx Europe 600 are trading at 385.32 with a loss of -0.13% percent or -0.46 point.