US PRE MARKET

The S&P 500 Futures are trading at 2,505.25 for up with +0.02% percent or +0.50 point. Other U.S. stock futures are lower in pre-market trading for Wednesday, September 20. The Dow Futures are trading at 22,334.50  with a loss of -0.01% percent or -1.50 point. The Nasdaq Futures are trading at 5,995.38 with a loss of -0.03% percent or -1.99 point.

WEDNESDAY’S FACTORS AND EVENTS

U.S. stock index futures pointed to a modestly higher open on Wednesday morning, as traders appeared to adopt a wait-and-see approach ahead of monetary policy guidance from the Federal Reserve.

S&P and Nasdaq futures, meanwhile, were unchanged and down 2.25 points respectively.

In oil markets, Brent crude traded at around $55.79 a barrel on Tuesday morning, up 1.18 percent, while U.S. crude was around $50.06 a barrel, up 1.17 percent.

Oil prices rose on Wednesday after the Iraqi oil minister suggested OPEC and its partners were debating whether to extend or deepen supply cuts in order to clear a global overhang.

TUESDAY’S ACTIVITY

U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 22,370.80 for up with +0.18% percent or +39.45 point. The S&P 500 closed at 2,506.65 for up with +0.11% percent or +2.78 point. The Nasdaq Composite closed at 6,461.32 for up with +0.10% percent or +6.68 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,440.40 with a loss of -0.05% percent or -0.68 point; the S&P 600 Small-Cap Index closed at 865.98  with a loss of –0.13% percent or –1.17 point; the S&P 400 Mid-Cap Index closed at 1,761.52  with a loss of –0.04% percent or –0.70 point; the S&P 100 Index closed at 1,109.26 for up with  +0.27% percent or +3.00 point; the Russell 3000 Index closed at 1,483.80 for up  with +0.09% percent or +1.27 point; the Russell 1000 Index closed at 1,389.11 for up with +0.10% percent or +1.34 point; and the Dow Jones U.S. Select Dividend Index closed at 22,370.80  for up with +0.18% percent or +39.45 point.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere,  Japan’s Nikkei 225 are trading at 20,310.46  for up with +0.05% percent or +11.08 point. Hong Kong’s Hang Seng are trading at 28,105.02 for up with +0.19% percent or +53.61 point. China’s Shanghai Composite are trading at 3,366.00   for up with  +0.27% percent or  +9.15 point. India’s BSE Sensex are trading at 32,433.21  with  +0.10% percent or +30.84 point at 12:15 PM . The FTSE 100 are trading at 7,275.06  with a loss of  0.00% percent or –0.19 point. Germany’s DAX are trading at 12,550.95 with a loss of –0.09% percent or –10.84 point. France’s CAC 40 are trading at 5,243.06 for up with +0.11% percent or +5.62 point. The Stoxx Europe 600 are trading at 381.83 with a loss of -0.08% percent or 0.08% point.