US PRE MARKET
The S&P 500 Futures are trading at 2,717.75 for up with +0.23% percent or +6.25 point. Other U.S. stock futures are higher in pre-market trading for Friday, February 23. The Dow Futures are trading at 25,118.00 for up with +0.42% percent or +105.00 point. The Nasdaq Futures are trading at 6,811.50 for up with +0.34% percent or +22.75 point.
FRIDAY’S FACTORS AND EVENTS
THURSDAY’S ACTIVITY
U.S. market were mixed on Thursday. For the day the Dow Jones Industrial Average closed at 24,962.48 for up with +0.66% percent or +164.70 point. The S&P 500 closed at 2,703.96 for up with +0.10% percent or +2.63 point. The Nasdaq Composite closed at 7,210.09 with a loss of -0.11% percent or -8.14 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,529.99 with a loss of -0.12% percent or -1.85 point; the S&P 600 Small-Cap Index closed at 934.92 with 0.00% percent or -0.01 point; the S&P 400 Mid-Cap Index closed at 1,881.28 with a loss of -0.15% percent or – 2.76 point; the S&P 100 Index closed at 1,196.37 for up with +0.17% percent or +1.99 point; the Russell 3000 Index closed at 1,597.11 for up with +0.05% percent or +0.78 point; the Russell 1000 Index closed at 1,496.78 for up with +0.06% percent or +0.94 point; and the Dow Jones U.S. Select Dividend Index closed at 24,962.48 for up with +0.66% percent or +164.70 point.
WORLD MARKETS
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,892.78 for up with +0.72% percent or +156.34 point. Hong Kong’s Hang Seng are trading at 31,267.17 for up with +0.97% percent or +301.49 point. China’s Shanghai Composite are trading at 3,289.02 for up with +0.63% percent or +20.47 point. India’s BSE Sensex are trading at 34,109.94 for up with +0.86% percent or +290.44 point at 12:15 PM.The FTSE 100 are trading at 7,239.38 with a loss of -0.18% percent or -13.01 point. Germany’s DAX are trading at 12,471.75 for up with +0.08% percent or +8.08 point. France’s CAC 40 are trading at 5,307.95 with a loss of -0.02% percent or -1.28 point. The Stoxx Europe 600 are trading at 380.41 for up with +0.02% percent or +0.07 point.
As of the latest reading, the yield on the benchmark 10-year Treasury note was slightly lower at 2.921 percent at 4:06 p.m. ET, down from a four-year high of 2.95 percent topped Wednesday. The yield on the benchmark 2-year Treasury note hovered just under a nine-year high at 2.254 percent.
Investor anxiety resurfaced Wednesday, after minutes from the Federal Reserve’s latest meeting revealed that members were comfortable hiking rates multiple times throughout 2018. Adding to the pressure on debt, the Federal Open Market Committee’s meeting occurred prior to two major inflation indicators: wage growth in the January jobs report and an uptick in the CPI.