S&P Futures Update : 08 Aug 2022

The S&P 500 Futures is  trading at 3,978.90 with a loss of -0.02% percent or -1.00 point.Other U.S. stock futures lower in pre-market trading for Sep 08.The Dow Futures is trading at 31,574.0 with -0.02% percent or -7.3 point.The Nasdaq Futures is trading at 12,258.9 with -0.00% percent or -0.5 point.

 

 

THURSDAY’S FACTORS AND EVENTS

With inflation in the euro zone projected to rise to at least 10% in the coming months and the risk of consumer prices rocketing higher, a “jumbo” rate hike of 75 basis points on Thursday is a possibility.

 

 

WEDNEDAY’S ACTIVITY

For the day the Dow is trading at 31,581.28 with 1.40% percent or +435.98  point. The S&P 500 is trading at 3,979.87 with 1.83% percent or +71.68 point. The Nasdaq Composite is trading at 11,791.90 up with +2.14% percent or +246.99  point.

Other leading market index closes included the small-cap Russell 2000 Index closed a1,832.00 up with 2.21% percent or  +39.68 point. the S&P 600 Small-Cap Index closed at 1,166.79 with 1.81% percent or +20.79 point. the S&P 400 Mid-Cap Index closed at 2,432.02 up with +2.27% percent or +53.94   point. the S&P 100 Index closed at 1,804.07 with 1.63% percent or  +28.92  point.the Russell 3000 Index closed at 2,304.26 with +1.91% percent or +43.08  point. the Russell 1000 Index closed at 2,188.54 with 1.89% or +40.51 point.

In other parts of world, Japan’s Nikkei 225 is trading at 28,006.70 up with +2.10% percent or +576.40 point. Hong Kong’s Hang Seng is trading at 18,984.15 with a loss of 0.32% ercent or -60.15 point. China’s Shanghai Composite is trading at 3,245.30 with a loss of –0.031% percent or ?0.99 point. India’s BSE Sensex is trading at 59,466.42  with 0.74% percent or +437.51 point at 12:15 PM.For the day the FTSE 100 closed at 7,237.83 with a loss of –0.86% percent or ?62.61  point. France’s CAC 40 closed at 6,105.92 up  with +0.021% percent or +1.31 point.Germany’s DAX closed at 12,915.97 with 0.35% percent or +44.53  point.