US PRE MARKET
The S&P 500 Futures is trading at 2,654.00 up with +0.07% percent or +1.75 point. Other U.S. stock futures mixed in pre-higher trading for Wednesday, May 02. The Dow Futures is trading at 24,045.00 with a loss of -0.11% percent or -27.00 point. The Nasdaq Futures is trading at 6,716.00 up with +0.36% percent or +24.00 point.
WEDNESDAY’S FACTORS AND EVENTS
TUESDAY’S ACTIVITY
U.S. market were Mixed on Tuesday.For the day the Dow is trading at 24,099.05 with a loss of -0.27% percent or -64.10 point. The S&P 500 is trading at 2,654.80 up with +0.25% percent or +6.75 point. The Nasdaq Composite is trading at 7,130.70 up with +0.91% percent or +64.44 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.34 up with +0.55% percent or +8.46 point; the S&P 600 Small-Cap Index closed at 951.88 up with +0.46% percent or +4.37 point; the S&P 400 Mid-Cap Index closed at 1,879.57 up with +0.38% percent or +7.12 point; the S&P 100 Index closed at 1,164.40 up with +0.32% percent or +3.67 point; the Russell 3000 Index closed at 1,574.18 up with +0.27%percent or +4.27 point; the Russell 1000 Index closed at 1,471.94 up with +0.25% percent or+3.66 point;
WORLD MARKETS
In overnight trading in the Eastern Hemisphere,Japan’s Nikkei 225 is trading at 22,472.78 with a loss of -0.16% percent or -35.25 point. Hong Kong’s Hang Seng is trading at 30,710.51 with a loss of -0.33% percent or -102.18 point. China’s Shanghai Composite is trading at 3,081.32 with a loss of -0.030% percent or -0.91 point. India’s BSE Sensex is trading at 35,245.13 up with +0.24% percent or +84.77 point at 12:15 PM.The FTSE 100 is trading at 7,564.37 up with +0.59% percent or +44.01 point. Germany’s DAX is trading at 12,702.92 up with +0.73% percent or +92.19 point. France’s CAC 40 is trading at 5,523.62 up with +0.057% percent or +3.13 point. The Stoxx Europe 600 is trading at 386.69 up with +0.44% percent or +1.81 point.
Apple is scheduled to report fiscal second quarter earnings and revenue Tuesday after the close. Apple is the largest publicly traded company in the U.S., with a market cap of nearly $850 billion.
“Tonight’s earnings release from [Apple] will likely keep most fundamental investors from making aggressive changes to their risk,” said Jeremy Klein, chief market strategist at FBN Securities, in a note to clients. But “even if [Apple CEO] Tim Cook lays an egg tonight, most analysts will assess the Q1 reporting season as an unmitigated success.”