US PRE MARKET

The S&P 500 Futures is trading at 2,925.88  with a loss of -0.01% percent or -0.37 point. Other U.S. stock futures mixed in pre-market trading for  June 19.  The Dow Futures is trading at 26,506.50 up  with +0.01% percent or +2.50 point.The Nasdaq Futures is trading at 7,674.88 up with +0.02% percent or +1.38 point.

WEDNESDAY’S FACTORS AND EVENTS

The U.S. President, when asked wednesday whether he wants to remove Jay Powell from his position, said “Let’s see what he does.” This comes after a Bloomberg News report argued that the White House looked into demoting the chairman of the Fed back in February. One of President Trump’s top advisors, Larry Kudlow, did not confirm or deny the report but said President Trump is not currently considering removing Jerome Powell.

Meanwhile, President Trump also said he will be having an “extended meeting” next week with the Chinese leader Xi Jinping at the G-20 meeting in Japan.

TUESDAY’S ACTIVITY

For the day the Dow is trading at 26,465.54 up with +1.35% percent or +353.01 point. The S&P 500 is trading at 2,917.75 up with +0.97% percent or +28.08 point. The Nasdaq Composite is trading at 7,953.88   up with +1.39% percent or +108.86 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.23 up with +1.14% percent or +17.48 point; the S&P 600 Small-Cap Index closed at 936.03 up with +1.30% percent or +12.02 point; the S&P 400 Mid-Cap Index closed at 1,921.35 up with +1.15% percent or +21.79 point; the S&P 100 Index closed at 1,289.69 up with +0.97% percent or +12.34 point; the Russell 3000 Index closed at 1,716.47  up with +1.00% percent or +16.92 point; the Russell 1000 Index closed at 1,615.70  up with +0.98% or +15.76 point.

In overnight trading in the Eastern Hemisphere, In other parts of world,  Japan’s Nikkei 225 is trading at 21,333.87 up with +1.72% percent or +361.16 point. Hong Kong’s Hang Seng is trading at 28,141.16  up with +2.34% percent or +642.39    point. China’s Shanghai Composite is trading at 2,917.80 up with +0.96% percent or +27.65  point. India’s BSE Sensex is trading at 39,187.76 up with +0.36% percent or +141.42 point at 12:15 PM.The FTSE 100 is trading at 7,427.54 with  a loss of -0.21% percent or -15.50 point. Germany’s DAX is trading at 12,332.80 up with +0.0085% percent or +1.05 point. France’s CAC 40 is trading at 5,512.33 up with +0.047% percent or +2.61 point. The Stoxx Europe 600 is trading at 384.61  with a loss of -0.04% percent or –0.23   point.