US PRE MARKET
The S&P 500 Futures is trading at 2,988.62 with a loss of -0.20% percent or -5.88 point. Other U.S. stock futures lower in pre-market trading for October 23.The Dow Futures is trading at 26,687.00 with a loss of -0.28% percent or -76.00 point. The Nasdaq Futures is trading at 7,844.25 with a loss of -0.18% percent or -14.50 point.
WEDNESDAY’S FACTORS AND EVENTS
Investors were keeping a close eye on Today’s deluge of corporate results, including about 20 percent of the S&P 500 index components this week and four Dow components that reported early Tuesday.
“Earnings have been mixed, but I still believe they’re going to surprise to the upside,” said Ken Engelke, chief economic strategist at Capitol Securities Management, in an interview.
Engelke sees promise in value stocks, but more ominous tones for growth and technology sectors, where social media companies, in particular, could suffer from “regulatory overreach.”
For the day the Dow is trading at 26,788.10 with a loss of –0.15% percent or –39.54 point. The S&P 500 is trading at 2,995.99 with a loss of –0.36% percent or –10.73 point. The Nasdaq Composite is trading at 8,104.30 with a loss of –0.72% percent or –58.69 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.87 up with +0.047% percent or +0.73 point; the S&P 600 Small-Cap Index closed at 961.41 up with +0.27% percent or +2.56 point; the S&P 400 Mid-Cap Index closed at 1,947.08 with a loss of -0.030% percent or -0.58 point; the S&P 100 Index closed at 1,327.59 with a loss of –0.30% percent or -4.00 point; the Russell 3000 Index closed at 1,753.85 with a loss of –0.36% percent or -6.34 point; the Russell 1000 Index closed at 1,653.38 with a loss of –0.39% or -6.45 point.
In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 22,625.38 up with +0.34% percent or +76.48 point. Hong Kong’s Hang Seng is trading at 26,557.74 with a loss of –0.85% percent or ?228.46 point. China’s Shanghai Composite is trading at 2,940.56 with a loss of –0.47% percent or –0.47% point. India’s BSE Sensex is trading at 39,138.96 up with +0.45% percent or +175.12 point at 12:15 PM.Germany’s DAX is trading at 12,752.13 with a loss of –0.020% percent or –2.56 point. France’s CAC 40 is trading at 5,622.35 with a loss of –0.62% percent or –35.33 point. The Stoxx Europe 600 is trading at 393.43 with a loss of -0.29% percent or –1.16 point.