US PRE MARKET
The S&P 500 Futures are trading at 2,545.62 with a loss of -0.11% percent or -2.88 point. Other U.S. stock futures are higher in pre-market trading for Wednesday, October 11. The Dow Futures are trading at 22,769.50 with a loss of -0.07% percent or -17.00 point. The Nasdaq Futures are trading at 6,058.13 with a loss of -0.12% percent or -7.12 point.
WEDNESDAY’S FACTORS AND EVENTS
U.S. government debt prices were relatively flat Wednesday, as investors geared up for the latest minutes from the Federal Open Market Committee (FOMC) meeting.
The yield on the benchmark 10-year Treasury note sat around the flatline at around 2.344 percent at 5:35 a.m. ET, while the yield on the 30-year Treasury bond was flat at 2.878 percent. Bond yields move inversely to prices.
At 2:00 p.m. ET on Wednesday, the latest minutes from last month’s FOMC meeting will be published. While the U.S. central bank left its benchmark interest rate unchanged in September, the Fed did take its first steps towards unwinding its economic stimulus.
U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 22,830.68 for up with +0.31% percent or +69.61 point. The S&P 500 closed at 2,550.64 for up with +0.23% percent or +5.91 point. The Nasdaq Composite closed at 6,587.25 for up with +0.11% percent or +7.52 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,508.01 for up with +0.30% percent or +4.44 point; the S&P 600 Small-Cap Index closed at 912.50 for up with +0.20% percent or + 1.78 point; the S&P 400 Mid-Cap Index closed at 1,818.58 for up with +0.30% percent or +5.41 point; the S&P 100 Index closed at 1,126.49 for up with +0.26% percent or +2.88 point; the Russell 3000 Index closed at 1,513.96 for up with +0.23% percent or +3.47 point; the Russell 1000 Index closed at 1,414.31 for up with +0.22% percent or +3.16 point; and the Dow Jones U.S. Select Dividend Index closed at 22,830.68 for up with +0.31% percent or +69.61 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,881.27 for up with +0.28% percent or +57.76 point. Hong Kong’s Hang Seng are trading at 28,440.42 with a loss of –0.18% percent or –50.41 point. China’s Shanghai Composite are trading at 3,388.28 for up with +0.16% percent or +5.30 point. India’s BSE Sensex are trading at 32,042.00 for up with +0.37% percent or +117.59 point at 12:15 PM .The FTSE 100 are trading at 7,521.70 with a loss of – 0.22% percent or –16.57 point. Germany’s DAX are trading at 12,951.08 for up with +0.01% percent or +1.83 point. France’s CAC 40 are trading at 5,349.71 with a loss of –0.26% percent or –13.93 point. The Stoxx Europe 600 are trading at 389.77 with a loss of -0.10% percent or -0.39 point.