US PRE MARKET
The S&P 500 Futures are trading at 2,567.25 for up with +0.15% percent or +3.75 point. Other U.S. stock futures are higher in pre-market trading for Tuesday, October 24. The Dow Futures are trading at 23,367.00 for up with +0.60% percent or +139.00 point. The Nasdaq Futures are trading at 6,072.63 for up with +0.12% percent or +7.37 point.
TUESDAY’S FACTORS AND EVENTS
U.S. government debt yields rose Tuesday, as investors turned their attention to another fresh batch of economic data.
The yield on the benchmark 10-year Treasury note sat higher at around 2.397 percent at 7:09 a.m. ET, while the yield on the 30-year Treasury bond was up at 2.915 percent. Bond yields move inversely to prices.
In an interview aired in recent days, President Donald Trump acknowledged that the markets expected that he would likely go for Stanford economist John Taylor or Fed Governor Jerome Powell for the top role. One of the two could be put up for the position of Fed chair, while the other could be nominated for the vice chair role, a recent FBN report suggested.
U.S. market were mixed on Monday. For the day the Dow Jones Industrial Average closed at 23,273.96 for up with +0.23% percent or +54.67 point. The S&P 500 closed at 2,564.98 with a loss of –0.40% percent or –10.23 point. The Nasdaq Composite closed at 6,586.83 with a loss of –0.64% percent or –42.23 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,497.49 with a loss of -0.78% percent or -11.75 point; the S&P 600 Small-Cap Index closed at 908.77 with a loss of –0.55% percent or –4.98 point; the S&P 400 Mid-Cap Index closed at 1,824.91 with a loss of –0.51% percent or –9.38 point; the S&P 100 Index closed at 1,130.15 with a loss of –0.45% percent or –5.11 point; the Russell 3000 Index closed at 1,520.39 with a loss of –0.45% percent or –6.81 point; the Russell 1000 Index closed at 1,421.64 with a loss of –0.42% percent or –5.97 point; and the Dow Jones U.S. Select Dividend Index closed at 23,273.96 with a loss of –0.23% percent or –54.67 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,805.17 for up with +0.50% percent or +108.52 point. Hong Kong’s Hang Seng are trading at 28,171.46 with a loss of –0.47% percent or –134.42 point. China’s Shanghai Composite are trading at 3,388.25 for up with +0.22% percent or +7.55 point. India’s BSE Sensex are trading at 32,575.34 for up with +0.21% percent or +68.62 point at 12:15 PM.The FTSE 100 are trading at 7,532.00 for up with +0.10% percent or +7.55 point. Germany’s DAX are trading at 13,040.80 for up with +0.29% percent or +37.66 point. France’s CAC 40 are trading at 5,408.28 for up with +0.40% percent or +21.47 point. The Stoxx Europe 600 are trading at 390.53 with a loss of -0.05% percent or -0.20 point.