U.S. stock futures are higher in pre-market trading for Wednesday, January 03.The Nasdaq Futures are trading at 6,527.75 for up with +0.20% percent or +13.50 point.The S&P 500 Futures are trading at 2,698.00 for up with +0.19% percent or +5.00 point. The Dow Futures are trading at 24,822.00 for up with +0.22% percent or +54.00 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 22,764.94 with a loss of -0.08% percent or -19.04 point. Hong Kong’s Hang Seng are trading at 30,571.26 for up with +0.18% percent or +55.95 point. China’s Shanghai Composite are trading at 3,369.11 for up with +0.62% percent or +20.78 point. India’s BSE Sensex are trading at 33,886.28 for up with +0.22% percent or +74.02 point at 12:15 PM.The FTSE 100 are trading at 7,647.29 with a loss of -0.01% percent or -0.81 point. Germany’s DAX are trading at 12,911.49 for up with +0.31% percent or +40.10 point. France’s CAC 40 are trading at 5,306.89 for up with +0.35% percent or +18.29 point. The Stoxx Europe 600 are trading at 389.56 for up with +0.30% percent or +1.17 point.
Wednesday’s Factors and Events
The market is agile on Wednesday, waiting for the FOMC minutes and important economic announcements such as Motor vehicle sales data, Mortgage Applications report as well as ISM Manufacturing Index. Asian shares closed mostly higher, while European shares are trading in the green.
Initial signs from U.S. Futures Index suggest that Wall Street might open .
On the economic front, the Federal Open Market Committee’s minutes will be published at 2.00 pm ET. The minutes of the previous meeting will be reported three weeks after the meeting.
U.S. market were higher on Tuesday. For the day the Dow Jones Industrial Average closed at 24,824.01 for up with +0.42% percent or +104.79 point. The S&P 500 closed at 2,695.81 for up with +0.83% percent or +22.20 point. The Nasdaq Composite closed at 7,006.90 for up with +1.50% percent or +103.51 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,550.01 for up with +0.94% percent or +14.50 point; the S&P 600 Small-Cap Index closed at 942.97 for up with +0.72% percent or +6.71 point; the S&P 400 Mid-Cap Index closed at 1,917.36 for up with +0.88% percent or +16.79 point; the S&P 100 Index closed at 1,193.55 for up with +0.88% percent or +10.40 point; the Russell 3000 Index closed at 1,595.87 for up with +0.83% percent or +13.10 point; the Russell 1000 Index closed at 1,493.93 for up with +0.82% percent or +12.12 point; and the Dow Jones U.S. Select Dividend Index closed at 24,824.01 for up with +0.42% percent or +104.79 point.