U.S. stock  mixed in pre-market trading for,June 10.The Nasdaq Futures is trading at 9,999.38 up with +0.49%percent or +48.38 point.The Dow Futures is trading at 27,247.00 with a loss of -0.06%percent or -17.00 point. The S&P 500 Futures is trading at 3,207.88 up with +0.07% percent or +2.38 point.

In other parts of world, Japan’s Nikkei 225 is trading at at 23,124.95  with +0.15% percent or +33.92 point. Hong Kong’s Hang Seng is trading at 25,083.13  up with +0.10% percent or +25.91 point. China’s Shanghai  Composite is trading at 2,943.75  with a loss of –0.42% percent or –12.36 point. India’s BSE Sensex is trading at 34,203.75 up with +0.73% percent or +247.06  point at 12:15 PM.Germany’s DAX is trading at 12,590.21 with a loss of –0.22% percent or -27.78 point. France’s CAC 40 is trading at 5,081.01  with a loss of –0.28% percent or –14.09 point. The Stoxx Europe 600 is trading at 368.95 with a loss of -0.16% percent or –0.59 point.

Wednesday’s Factors and Events

Wall Street believes that we can allocate our capital anywhere and make money. Everything is going up. (Next time you’re talking stocks at a summer BBQ, remember to point out that you’re not just an investor, you’re a capital allocator!)

Granted, after a March in which everything went down, we expected this across-the-board relief rally. But c’mon, this all seems a bit overdone, right? So, I have to admit, it makes me wonder:

Tuesday Activity

For the day The Nasdaq Composite is trading at 9,953.75 up with +0.29% percent or +29.01  point.the Dow is trading at 27,272.30 with a loss of -1.09% percent or -300.14 point. The S&P 500 is trading at 3,207.18 with a loss of –0.78%percent or -25.21 point. 

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,507.05 up with +0.00% percent or +0.00 point; the S&P 600 Small-Cap Index closed at 894.77  with a loss of –2.51% percent or -23.04 point; the S&P 400 Mid-Cap Index closed at 1,905.37 with a loss of –2.10% percent or -40.84  point; the S&P 100 Index closed at 1,460.80  with a loss of –0.26% percent or -3.78 point; the Russell 3000 Index closed at 1,871.67  with a loss of -0.95% percent or -18.00  point; the Russell 1000 Index closed at 1,775.46 with a loss of -0.89%or -15.92 point.