S&P Futures Opening Update as on 14 June 2018

 

US PRE MARKET

The S&P 500 Futures is trading at 2,780.00 up with +0.04% percent or +1.00 point. Other U.S. stock futures  higher in pre-market trading for Thursday, Jun 14  The Dow Futures is trading at 25,219.00 up with +0.04% percent or +11.00 point.The Nasdaq Futures is trading at 7,226.00 with a loss of -0.07% percent or -5.75 point..

THURSDAY’S FACTORS AND EVENTS

. government debt prices rose Thursday morning, following a brief sell-off in the previous session as the U.S. Federal Reserve hiked rates and indicated that more would come later this year.

The yield on the benchmark 10-year Treasury note was lower at around 2.9572 percent at 4:17 a.m. ET, while the yield on the 30-year Treasury bond was also in the red at 3.0767 percent. Bond yields move inversely to prices.

On Wednesday, the Fed announced a rate hike of 25 basis points and said there could be two more before the end of the year. The two-year yield hit its highest level since 2008 and the yield on the benchmark 10-year Treasury note rose to 3 percent, following the announcement.

WEDNESDAY’S ACTIVITY

For the day the Dow is trading at 25,201.20 with  a loss of –0.47% percent or –119.53 point. The S&P 500 is trading at 2,775.63 with a loss of – 0.40% percent or  –11.22 point. The Nasdaq Composite is trading at 7,695.70  with a loss of -0.11% percent or  –8.09 point.

In other parts of world, Japan’s Nikkei 225 is trading at 22,738.61 with a loss of –0.99% percent or –227.77 point. Hong Kong’s Hang Seng is trading at 30,440.17 with a loss of –0.93% percent or –284.98 point. China’s Shanghai Composite is trading at 3,044.16 with  a loss of –0.18% percent or –5.64 point. India’s BSE Sensex is trading at 35,615.53 with a loss of –0.35% percent or  –123.63 point at 12:15 PM.

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,738.61 with a loss of –0.99% percent or –227.77 point. Hong Kong’s Hang Seng is trading at 30,440.17 with a loss of –0.93% percent or –284.98 point. China’s Shanghai Composite is trading at 3,044.16 with  a loss of –0.18% percent or –5.64 point. India’s BSE Sensex is trading at 35,615.53 with a loss of –0.35% percent or  –123.63 point at 12:15 PM.The FTSE 100 is trading at 7,664.82 with  a loss of –0.50% percent or –38.89 point. Germany’s DAX is trading at 12,846.66 with a loss of –0.34% percent or –43.92 point. France’s CAC 40 is trading at 5,442.57 with a loss of  –0.19% percent or –10.15 point. The Stoxx Europe 600 is trading at 386.45  with a loss of –0.46%percent or –1.85 point.