US PRE MARKET
The S&P 500 Futures are trading at 2,476.75 for up with +0.11% percent or +2.75 point. Other U.S. stock futures are higher in pre-market trading for Wednesday, July 26. The Dow Futures are trading at 21,603.00 for up with +0.20% percent or +43.00 point. The Nasdaq Futures are trading at 5,936.75 for up with +0.05% percent or +3.00 point.
WEDNESDAY’S FACTORS AND EVENTS
U.S. government debt prices were higher on Wednesday, as investors await for important news out of the Federal Open Market Committee’s (FOMC) latest meeting.
The yield on the benchmark 10-year Treasury note sat in the red at around 2.315 percent at 4.45 a.m. ET, while the yield on the 30-year Treasury bond was lower at 2.896 percent. Bond yields move inversely to prices.
The FOMC is set to begin the second day of its two-day meeting on Wednesday, where the U.S. central bank is expected to continue to examine the state of the U.S. economy, and talk about what they should do next when it comes to strategy, their balance sheet and interest rates.
U.S. market were higher on Tuesday. For the day The S&P 500 closed at 2,477.13 for up with +0.29% percent or +7.22 point. the Dow Jones Industrial Average closed at 21,613.43 for up with +0.47% percent or +100.26 point. The Nasdaq Composite closed at 6,412.17 for up with +0.02% percent or +1.37 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,450.39 for up with +0.86% percent or +12.33 point; the S&P 600 Small-Cap Index closed at 876.06 for up with +0.89% percent or +7.73 point; the S&P 400 Mid-Cap Index closed at 1,791.93 for up with +0.85% percent or +15.13 point; the S&P 100 Index closed at 1,090.07 for up with +0.30% percent or +3.25 point; the Russell 3000 Index closed at 1,469.21 for up with of +0.36% percent or +5.22 point; the Russell 1000 Index closed at 1,373.55 for up with +0.32% percent or +4.32 point; and the Dow Jones U.S. Select Dividend Index closed at 21,613.43 for up with +0.47% percent or +100.26 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,050.16 for up with +0.48% percent or +94.96 point. Hong Kong’s Hang Seng are trading at 26,877.14 for up with +0.09% percent or +25.09 point. China’s Shanghai Composite are trading at 3,232.25 with a loss of –0.35% percent or –11.44 point. India’s S&P BSE Sensex are trading at 32,317.27 for up with +0.28% percent or +89.00 point at 12:15 PM . In Europe, the FTSE 100 are trading at 7,461.59 for up with +0.36% percent or +26.77 point. Germany’s DAX are trading at 12,290.42 for up with +0.21% percent or +26.11 point. France’s CAC 40 are trading at 5,185.40 for up with +0.47% percent or +24.32 point. The Stoxx Europe 600 are trading at 382.28 for up with +0.36% percent or +1.33 point.