S&P Futures Update : 08 Feb 2023

The S&P 500 Futures is  trading at 4,158.90 with -0.12% percent or -5.10 point..Other U.S. stock futures higher in pre-market trading for Feb 08 .The Dow Futures is trading at 34,128.5 with -0.08% percent or -28.2 point.The Nasdaq Futures is trading at 12,719.6 with  a loss of -0.07% percent or -8.7 point.

 

WEDNESDAY’S FACTORS AND EVENTS

Speaking at an event at The Economic Club of Washington, D.C., Powell said Tuesday that inflation is beginning to ease but that he expects the “disinflationary process” to be a long one, and cautioned that interest rates could rise more than markets anticipate if the economic data doesn’t cooperate.

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TUEDAY’S ACTIVITY

For the day the Dow is trading at 33,891.02 up with 0.10% percent or ?34.99 point. The S&P 500 is trading at 4,111.08 with a loss of –0.61% percent or ?25.40 point. The Nasdaq Composite is trading at 11,887.45  with a loss of 1.00% percent or -119.50 point.

Other leading market index closes included the small-cap Russell 2000 Index closed a 1,972.6 up with 0.76% percent or 14.89 point. the S&P 600 Small-Cap Index closed at 1,298.53 up with 0.69% percent or +8.90 point. the S&P 400 Mid-Cap Index closed at 2,697.96 up with 0.73% percent or +19.54 point. the S&P 100 Index closed at 1,870.98 with 1.44% percent or +26.65   point.the Russell 3000 Index closed at 1,972.61 up with 0.76% percent or +14.89 point. the Russell 1000 Index closed at 2,293.34 with 1.28% or +28.92  point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,671.07 with 0.082% percent or ?22.58 point. Hong Kong’s Hang Seng is trading at 21,365.54 with 0.68% ercent or +143.38 point. China’s Shanghai Composite is trading at 3,243.47 with 0.15% percent or +4.77 point. India’s BSE Sensex is trading at 60,447.71 with 0.098% percent or ?59.19 point at 12:15 PM.For the day the FTSE 100 closed at 7,864.71 with 0.36% percent or +28.00  point. France’s CAC 40 closed at 7,132.35 with 0.067% percent or ?4.75 point.Germany’s DAX closed at 15,320.88 with a loss of -0.16% percent or ?25.03 point.