US PRE MARKET
The S&P 500 Futures are trading at 2,504.25 for up with +0.06% percent or +1.50 point. Other U.S. stock futures are lower in pre-market trading for Tuesday, September 19. The Dow Futures are trading at 22,313.50 for up with +0.07% percent or +14.50 point. The Nasdaq Futures are trading at 5,991.13 for up with +0.07% percent or +4.38 point.
TUESDAY’S FACTORS AND EVENTS
The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was lower at around 2.2234 percent, while the yield on the 30-year Treasury bond was also lower at 2.7995 percent.
On the data front, Tuesday will see housing starts, import and export prices and current account data released at around 8:30 a.m. ET.
Later on Tuesday, the U.S. central bank is poised to begin a two-day meeting. The Fed is expected to take another step towards normalization and could also announce plans to begin unwinding its $4.5 trillion portfolio of Treasuries and mortgage backed securities.
U.S. market were higher on Monday. For the day the Dow Jones Industrial Average closed at 22,331.35 for up with +0.28% percent or +63.01 point. The S&P 500 closed at 2,503.87 for up with +0.15% percent or +3.64 point. The Nasdaq Composite closed at 6,454.64 for up with +0.10% percent or +6.17 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,441.08 for up with +0.65% percent or +9.37 point; the S&P 600 Small-Cap Index closed at 867.15 for up with +0.73% percent or +6.31 point; the S&P 400 Mid-Cap Index closed at 1,762.22 for up with +0.47% percent or +8.31 point; the S&P 100 Index closed at 1,106.26 for up with +0.10% percent or +1.15 point; the Russell 3000 Index closed at 1,482.53 for up with +0.22% percent or +3.25 point; the Russell 1000 Index closed at 1,387.78 for up with +0.18% percent or +2.55 point; and the Dow Jones U.S. Select Dividend Index closed at 22,331.35 for up with +0.28% percent or +63.01 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,299.38 for up with +1.96% percent or +389.88 point. Hong Kong’s Hang Seng are trading at 28,051.41 with a loss of –0.38% percent or –108.36 point. China’s Shanghai Composite are trading at 3,356.84 with a loss of –0.18% percent or –6.01 point. India’s BSE Sensex are trading at 32,402.37 with a loss of –0.07% percent or –21.39 point at 12:15 PM. The FTSE 100 are trading at 7,284.44 for up with +0.43% percent or +31.16 point. Germany’s DAX are trading at 12,541.54 with a loss of –0.14% percent or –17.85 point. France’s CAC 40 are trading at 5,234.34 for up with +0.10% percent or +5.02 point. The Stoxx Europe 600 are trading at 381.89 with a loss of -0.01% percent or -0.05 point.