US PRE MARKET
The S&P 500 Futures are trading at 2,697.50 with a loss of -0.97% percent or -26.50 point. Other U.S. stock futures are higher in pre-market trading for Wednesday, March 07. The Dow Futures are trading at 24,546.00 with a loss of -1.23% percent or -306.00 point. The Nasdaq Futures are trading at 6,845.25 with a loss of -0.97% percent or -67.00 point.
WEDNESDAY’S FACTORS AND EVENTS
TUESDAY’S ACTIVITY
U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 24,884.12 for up with +0.04% percent or +9.36 point. The S&P 500 closed at 2,728.12 for up with +0.26% percent or +7.18 point. The Nasdaq Composite closed at 7,372.01 for up with +0.56% percent or +41.30 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,562.20 for up with +1.04% percent or +16.16 point; the S&P 600 Small-Cap Index closed at 949.83 for up with +1.10% percent or +10.37 point; the S&P 400 Mid-Cap Index closed at 1,916.99 for up with +1.02% percent or +19.32 point; the S&P 100 Index closed at 1,202.54 for up with +0.05% percent or +0.65 point; the Russell 3000 Index closed at 1,614.57 for up with +0.37% percent or +5.96 point; the Russell 1000 Index closed at 1,511.92 for up with +0.32% percent or +4.76 point; and the Dow Jones U.S. Select Dividend Index closed at 24,884.12 for up with +0.04% percent or +9.36 point
WORLD MARKETS
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 21,252.72 with a loss of -0.77% percent or -165.04 point. Hong Kong’s Hang Seng are trading at 30,238.55 with a loss of -0.89% percent or -272.18 point. China’s Shanghai Composite are trading at 3,271.67 with a loss of -0.55% percent or -17.97 point. India’s BSE Sensex are trading at 33,146.28 with a loss of -0.51% percent or -170.92 point at 12:15 PM.The FTSE 100 are trading at 7,146.84 with 0.00% percent or +0.09 point. Germany’s DAX are trading at 12,070.25 with a loss of -0.36% percent or -43.62 point. France’s CAC 40 are trading at 5,144.68 with a loss of -0.49% percent or -25.54 point. The Stoxx Europe 600 are trading at 370.01 with a loss of -0.34% percent or -1.30 point.
U.S. government debt yields slipped from earlier highs Wednesday after a report said that President Trump was convinced Gary Cohn — his chief economic adviser — would leave the administration if tariffs on steel and aluminum were implemented.
Yield had started the day higher after North Korea said it was open to talking with the United States regarding denuclearization. Investors also monitored the growing rift between President Trump and pro-trade Republicans over steel and aluminum imports.
The yield on the benchmark 10-year Treasury note was flat at 2.883 percent at 4:05 p.m. ET, while the yield on the 30-year Treasury bondwas also little changed at 3.149 percent. Bond yields move inversely to prices.