U.S. stock futures higher in pre-market trading for Thursday, June 14. The Nasdaq Futures is trading at 7,226.00 with a loss of -0.07% percent or -5.75 point.The Dow Futures is trading at 25,219.00 up with +0.04% percent or +11.00 point.The S&P 500 Futures is trading at 2,780.00 up with +0.04% percent or +1.00 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,738.61 with a loss of –0.99% percent or –227.77 point. Hong Kong’s Hang Seng is trading at 30,440.17 with a loss of –0.93% percent or –284.98 point. China’s Shanghai Composite is trading at 3,044.16 with  a loss of –0.18% percent or –5.64 point. India’s BSE Sensex is trading at 35,615.53 with a loss of –0.35% percent or  –123.63 point at 12:15 PM.The FTSE 100 is trading at 7,664.82 with  a loss of –0.50% percent or –38.89 point. Germany’s DAX is trading at 12,846.66 with a loss of –0.34% percent or –43.92 point. France’s CAC 40 is trading at 5,442.57 with a loss of  –0.19% percent or –10.15 point. The Stoxx Europe 600 is trading at 386.45  with a loss of –0.46%percent or –1.85 point.

Thursday’s Factors and Events

The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank’s shift from policies used to battle the 2007-2009 financial crisis and recession.

In raising its benchmark overnight lending rate a quarter of a percentage point to a range of 1.75 percent to 2 percent, the Fed dropped its pledge to keep rates low enough to stimulate the economy “for some time” and signaled it would tolerate inflation above its 2 percent target at least through 2020.