S&P Futures Update : 27 Oct 2022

The S&P 500 Futures is  trading at 3,839.70 up with +0.24% percent or +9.10 point.Other U.S. stock futures higher in pre-market trading for Oct 27.The Dow Futures is trading at 31,970.1 up with +0.41% percent or +131.0 point.The Nasdaq Futures is trading at 11,389.0 up with -0.15% percent or -16.9 point.

THURSDAY’S FACTORS AND EVENTS

Investors are waiting to see the outcome of Thursday’s European Central Bank meeting, which is expected to deliver a 75 basis point rate hike. The meeting should also signal the Bank’s quantitative tightening plans as the bloc attempts to control its 10% inflation rate.

WEDNESDAY’S ACTIVITY

For the day the Dow is trading at 31,839.11 with 0.0074% percent or +2.37 point. The S&P 500 is trading at 3,830.60 with a loss of –0.74% percent or ?28.51 point. The Nasdaq Composite is trading at 10,970.99 with a loss of –2.04% percent or -228.12 point.

Other leading market index closes included the small-cap Russell 2000 Index closed a 1,804.33 up with +0.46% percent or  +8.18 point. the S&P 600 Small-Cap Index closed at 1,167.50 up with +0.35% percent or +4.07  point. the S&P 400 Mid-Cap Index closed at 2,390.57 up with +0.20% percent or +4.86 point. the S&P 100 Index closed at 1,728.32 with a loss of –1.28% percent or  −22.49 point.the Russell 3000 Index closed at 2,220.06 with a loss of –0.64% percent or −14.29 point. the Russell 1000 Index closed at 2,105.58 with a loss of –0.71% or −15.06  point.