US PRE MARKET
The S&P 500 Futures are trading at 2,445.00 with a loss of -0.02% percent or -0.50 point. Other U.S. stock futures are lower in pre-market trading for Friday, July 14. The Dow Futures are trading at 21,506.50 with a loss of -0.01% percent or -2.50 point. The Nasdaq Futures are trading at 5,801.38 for up with +0.06% percent or +3.38 point.
FRIDAY’S FACTORS AND EVENTS
U.S. government debt prices were higher on Friday morning as investors responded to Janet Yellen’s two-day address to Congress in which she said the U.S. economy continued to show signs of growth and interest rates were nearing “neutral” level. She suggested that any further hikes would be gradual.
The yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.3426 percent, while the yield on the 30-year Treasury bond was also lower at 2.9148 percent.
Friday will see the release of retail sales and consumer price data, as well as consumer sentiment and business inventory figures.
THURSDAY’S ACTIVITY
U.S. market indexes were higher on Thursday. For the day The S&P 500 closed at 2,447.83 for up with +0.19% percent or +4.58 point. the Dow Jones Industrial Average closed at 21,553.09 for up with +0.10% percent or +20.95 point.The Nasdaq Composite closed at 6,274.44 for up with +0.21% percent or +13.27 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,425.67 for up with +0.09% percent or +1.34 point; the S&P 600 Small-Cap Index closed at 860.35 for up with +0.28% percent or +2.41 point; the S&P 400 Mid-Cap Index closed at 1,759.38 for up with +0.12% percent or +2.04 point; the S&P 100 Index closed at 1,078.41 for up with +0.23% percent or +2.44 point; the Russell 3000 Index closed at 1,450.36 for up with +0.18% percent or +2.55 point; the Russell 1000 Index closed at 1,356.41 for up with +0.18% percent or +2.48 point; and the Dow Jones U.S. Select Dividend Index closed at 21,553.09 for up with +0.10% percent or +20.95 point.
WORLD MARKETS
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,118.86 for up with +0.09% percent or +19.05 point. Hong Kong’s Hang Seng are trading at 26,347.73 for up with +0.01% percent or +1.56 point. China’s Shanghai Composite are trading at 3,221.81 for up with +0.10% percent or +3.31 point. India’s S&P BSE Sensex are trading at 31,994.98 with a loss of –0.13% percent or –42.40 point at 12:15 PM. In Europe, the FTSE 100 are trading at 7,390.54 with a loss of –0.31% percent or –22.90 point. Germany’s DAX are trading at 12,644.05 for up with +0.02% percent or +2.72 point. France’s CAC 40 are trading at 5,239.71 for up with +0.08% percent or +4.31 point. The Stoxx Europe 600 are trading at 386.31 for up with +0.05% percent or +0.18 point.