US PRE MARKET
The S&P 500 Futures are trading at 2,575.88 for up with +0.07% percent or +1.88 point. Other U.S. stock futures are higher in pre-market trading for Monday, October 23. The Dow Futures are trading at 23,299.00 for up with +0.09% percent or +22.00 point. The Nasdaq Futures are trading at 6,119.88 for up with +0.15% percent or +8.88 point.
MONDAY’S FACTORS AND EVENTS
U.S. government debt prices were lower Monday, as investors switched focus to the latest developments coming out of the auctions sphere and U.S. Federal Reserve.
The yield on the benchmark 10-year Treasury note sat higher at around 2.386 percent at 5:40 a.m. ET, while the yield on the 30-year Treasury bond was up at 2.899 percent. Bond yields move inversely to prices.
While no major speeches are expected to take place by members of the U.S. Federal Reserve on the first trading day of the week, discussion about who should lead the U.S. central bank from early 2018 is likely to be on the lips on many investors Monday, as a verdict looms.
U.S. market were higher on Friday. For the day the Dow Jones Industrial Average closed at 23,328.63 for up with +0.71% percent or +165.59 point. The S&P 500 closed at 2,575.21 for up with +0.51% percent or +13.11 point. The Nasdaq Composite closed at 6,629.05 for up with +0.36% percent or +23.99 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,509.25 for up with +0.48% percent or +7.20 point; the S&P 600 Small-Cap Index closed at 913.75 for up with +0.57% percent or +5.21 point; the S&P 400 Mid-Cap Index closed at 1,834.29 for up with +0.57% percent or +10.44 point; the S&P 100 Index closed at 1,135.26 for up with +0.40% percent or +4.55 point; the Russell 3000 Index closed at 1,527.19 for up with +0.52% percent or +7.85 point; the Russell 1000 Index closed at 1,427.61 for up with +0.52% percent or +7.38 point; and the Dow Jones U.S. Select Dividend Index closed at 23,328.63 for up with +0.71% percent or +165.59 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,696.65 for up with +1.11% percent or +239.01 point. Hong Kong’s Hang Seng are trading at 28,334.94 with a loss of –0.53% percent or –152.30 point. China’s Shanghai Composite are trading at 3,380.70 for up with +0.06% percent or +2.05 point. India’s BSE Sensex are trading at 32,356.67 with a loss of –0.10% percent or –33.29 point at 12:15 PM .The FTSE 100 are trading at 7,537.73 for up with +0.19% percent or +14.50 point. Germany’s DAX are trading at 13,053.21 for up with +0.48% percent or +61.93 point. France’s CAC 40 are trading at 5,402.91 for up with +0.57% percent or +30.53 point. The Stoxx Europe 600 are trading at 391.41 for up with +0.33% percent or +1.29 point.