The S&P 500 Futures are trading at 2,788.75 for up with +0.22% percent or +6.25 point. Other U.S. stock futures are higher in pre-market trading for Wednesday, January 17. The Dow Futures are trading at 25,929.00 for up with +0.43% percent or +110.00 point. The Nasdaq Futures are trading at 6,779.25 for up with +0.24% percent or +16.50 point.


U.S. government debt yields took a breather from last week’s run on Wednesday, the first trading day of the week after the Martin Luther King Jr. holiday.

The yield on the benchmark 10-year Treasury note was slightly higher at around 2.557 percent at 1:34 p.m. ET, while the yield on the 30-year Treasury bond was down at 2.85 percent. Bond yields move inversely to prices.

Bonds have been of key importance lately, but seemed to calm down Wednesday.

 Business activity continued at a “solid clip,” according to the New York Federal Reserve, whose Empire State Manufacturing index came in at 17.7 in January, little changed from the previous month.

“The new orders index and the shipments index both showed ongoing growth, although at a slower pace than in December,” said the New York Fed in statement. “Firms remained very optimistic about future business conditions and capital spending plans were robust.”


U.S. market were lower on Tuesday. For the day the Dow Jones Industrial Average closed at 25,792.86   with a loss of  -0.04% percent or -10.33 point. The S&P 500 closed at 2,776.42 with a loss of -0.35% percent or  -9.82 point. The Nasdaq Composite closed at 7,223.69 with a loss of -0.51% percent or  -37.38 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,572.97   with a loss of  -1.19% percent or  -19.00 point; the S&P 600 Small-Cap Index closed at 960.12  with a loss of  -0.93%  percent or -9.05 point; the S&P 400 Mid-Cap Index closed at 1,952.07   with  a loss of -0.71% percent or -13.90 point; the S&P 100 Index closed at 1,231.79   with a loss of -0.22% percent or  -2.76 point; the Russell 3000 Index closed at 1,639.86 with a loss of  -0.46% percent or  -7.50 point; the Russell 1000 Index closed at 1,536.68 with a loss of  -0.40% percent or -6.10  point; and the Dow Jones U.S. Select Dividend Index closed at 25,792.86 with a loss of -0.04% percent or -10.33 point.


In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 23,868.34 with a loss of -0.35% percent or -83.47 point. Hong Kong’s Hang Seng are trading at 31,873.10  with a loss of -0.10% percent or -31.65 point. China’s Shanghai Composite are trading at 3,444.67  for up with +0.24% percent or +8.08 point. India’s BSE Sensex are trading at 34,946.35 for up with +0.50% percent or +175.30 point at 12:15 PM.The FTSE 100 are trading at 7,734.02  with a loss of  -0.28% percent or  -21.91 point. Germany’s DAX are trading at 13,227.08 with a loss of  -0.15% percent or  -19.25 point. France’s CAC 40 are trading at 5,503.83  with a loss of -0.18% percent or -9.99 point. The Stoxx Europe 600 are trading at 397.57   with a loss of -0.19% percent or  -0.79  point.