US PRE MARKET

The S&P 500 Futures is trading at 2,811.00  with a loss of  -0.01% percent or -0.25 point. Other U.S. stock futures  higher in pre-market trading for Wednesday, July 18.The Dow Futures is trading at 25,108.00 up with +0.01% percent or +2.00 point. The Nasdaq Futures is trading at 7,415.75  with a loss of  -0.09% percent or -6.50 point.

WEDNESDAY’S FACTORS AND EVENTS

Looking to data, housing starts and building permits for June are set to be published at around 8:30 a.m. ET.

Elsewhere, oil prices dipped Wednesday after news of a rise in U.S. crude inventories defied analysts’ expectations. The U.S. oil market has been relatively tight in recent months but data from the American Petroleum Institute showed an unexpected upswing of more than 600,000 barrels in national crude inventories.

Global benchmark Brent crude traded at around $71.43 a barrel Wednesday morning, down more than 1 percent, while U.S. West Texas Intermediate (WTI) stood at $67.49 a barrel, 0.9 percent lower.

TUESDAY’S ACTIVITY

For the day the Dow is trading at 25,119.89 up with +0.22% percent or +55.53 point. The S&P 500 is trading at 2,809.55 up with 0.40% percent or +11.12 point. The Nasdaq Composite is trading at 7,855.12 up with 0.63%percent or +49.40 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,687.26 up with +0.52% percent or +8.72 point; the S&P 600 Small-Cap Index closed at 1,047.63  up with +0.63% percent or +6.53 point; the S&P 400 Mid-Cap Index closed at 1,994.74 up with +0.47% percent or +9.37 point; the S&P 100 Index closed at 1,240.90 up with 0.35% percent or +4.29 point; the Russell 3000 Index closed at 1,671.53 up with 0.43% percent or +7.17  point; the Russell 1000 Index closed at 1,559.66 up with 0.42% percent or +6.58 point;

WORLD MARKETS

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,794.19 up with +0.43% percent or +96.83 point. Hong Kong’s Hang Seng is trading at 28,104.40  with a loss of – 0.27% percent or  -77.28point. China’s Shanghai Composite is trading at 2,794.67 with  a loss of -0.12% percent or -3.46 point. India’s BSE Sensex is trading at 36,602.02 up with  + 0.22% percent or +82.06 point at 12:15 PM.The FTSE 100 is trading at 7,674.20 UP with +0.63% percent or +47.87 point. Germany’s DAX is trading at 12,754.86   up with 0.74% percent or +93.32 point. France’s CAC 40 is trading at 5,452.33  up with +0.55% percent or +29.79 point. The Stoxx Europe 600 is trading at 386.83 up with +0.47% percent or +1.80 point.