The S&P 500 Futures is trading at 2,863.88   with a loss of -0.07% percent or -2.12 point.Other U.S. stock futures LOWER in pre-market trading for  May 22. The Dow Futures is trading at 25,868.50  with a loss of -0.03% percent or -7.50 point.The Nasdaq Futures is trading at 7,449.25  with a loss of -0.20% percent or -14.75 point.


The Federal Reserve is expected to provide insight into the May 1 meeting, when policymakers left interest rates unchanged and signaled little appetite to adjust them any time soon.

Meanwhile, St. Louis Fed President James Bullard and Atlanta Fed President Raphael Bostic are both set to comment on the world’s largest economy at separate events on Wednesday.

The speeches come after Fed Chairman Jerome Powell said Monday that rising levels of corporate debt did not pose an immediate threat to the financial system. The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.


For the day the Dow is trading at 25,877.33 up with +0.77% percent or +197.43  point. The S&P 500 is trading at 2,864.36 up with +0.85% percent or +24.13 point. The Nasdaq Composite is trading at 7,785.72 up with +1.08% percent or +83.35 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,545.25  up with +1.33% percent or +20.28 point; the S&P 600 Small-Cap Index closed at 939.63 up with +1.23% percent or +11.40 point; the S&P 400 Mid-Cap Index closed at 1,899.74 up with +1.28%  percent or +24.05 point; the S&P 100 Index closed at 1,267.75 up with +0.71% percent or +8.90 point; the Russell 3000 Index closed at 1,687.58 up with +0.93% percent or +15.48 point; the Russell 1000 Index closed at 1,586.86  up with +0.90% or +14.08 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,283.37 up with +0.051% percent or +10.92 point. Hong Kong’s Hang Seng is trading at 27,699.59 up with +0.15% percent or +42.35   point. China’s Shanghai Composite is trading at 2,890.28   with a loss of -0.54% percent or -15.69 point. India’s BSE Sensex is trading at 39,063.64 up with +0.24% percent or +93.84 point at 12:15 PM.The FTSE 100 is trading at 7,359.86  up with +0.42% percent or +30.94 point. Germany’s DAX is trading at 12,180.84 up with +0.31% percent or  +37.37 point. France’s CAC 40 is trading at 5,391.18 up with +0.11% percent or +5.72 point. The Stoxx Europe 600 is trading at 379.69 up with +0.05% percent or +0.19  point.