The S&P 500 Futures is trading at 2,883.75  up with +0.24% percent or  +7.00 point. Other U.S. stock futures  higher in pre-market trading for  August 27. The Dow Futures is trading at 25,868.00  up with  +0.29% percent or  +76.00 point. The Nasdaq Futures is trading at 7,523.75  up with +0.37% percent or +0.37% point.


The Federal Open Market Committee (FOMC) has approved seven quarter-point rate rises in a cycle that began in December 2015. The central bank has hiked rates twice this year, and rate setters have indicated that two more are yet to come.

Meanwhile, the U.S. Treasury Department is set to offer $51 billion of 3-month Treasury bills and $45 billion of 6-month Treasury bills in an auction on Monday.


U.S. market were higher on Friday.For the day the Dow is trading at 25,790.35 up with +0.52% percent or +133.37 point. The S&P 500 is trading at 2,874.69 up with +0.62% percent or +17.71 point. The Nasdaq Composite is trading at 7,945.98 up with +0.86% percent or +67.52  point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,725.67 up with 0.50% percent or +8.62 point; the S&P 600 Small-Cap Index closed at 1,091.55 up with +0.35% percent or +3.85 point; the S&P 400 Mid-Cap Index closed at 2,035.10 up with +0.40% percent or +8.19 point; the S&P 100 Index closed at 1,272.43 up with +0.58% percent or +7.35 point; the Russell 3000 Index closed at 1,710.13 up with +0.62% percent or +10.60 point; the Russell 1000 Index closed at 1,595.73  up with +0.63% percent or +10.05 point;


In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,799.64 up with +0.88% percent or +197.87 point. Hong Kong’s Hang Seng is trading at 28,270.32 up with +2.16% percent or  +598.45 point. China’s Shanghai Composite is trading at 2,780.90 up with +1.89% percent or +51.47  point. India’s BSE Sensex is trading at 38,687.55  up with +1.14% percent or  +435.75  point at 12:15 PM.The FTSE 100 is trading at 7,577.49  up with +0.19% percent or +14.27 point. Germany’s DAX is trading at 12,453.10 up  with +0.47% percent or +58.58  point. France’s CAC 40 is trading at 5,453.80 up with +0.39% percent or +21.31 point. The Stoxx Europe 600 is trading at 384.46 up with +0.23% percent or +0.93 point.