U.S. stock higher in pre-market trading for,Feb 11.The Nasdaq Futures is trading at 13,706.80 up with +0.46% percent or +63.25 point.The Dow Futures is trading at 31,404.00 with +0.24% percent or +76.00 point.The S&P 500 Futures is trading at 3,914.62 up with +0.30% percent or +11.62 point.
Wednesday’s Factors and Events
CNBC’s Jim Cramer sounded the alarm Wednesday saying that the stock market is inching closer to a frothy environment, where investors pay up for stocks while ignoring fundamentals.
“You wouldn’t know it from the sedate action in the averages … but this is starting to feel a little bit like a Kenny Loggins market,” he said after the close on “Mad Money,” “We’re on — I’m going to say it — a highway to the danger zone.”
For the day The Nasdaq Composite is trading at 13,972.53 with a loss of – percent or -35.16 point.the Dow is trading at 31,437.80 up with +percent or +61.97 point. The S&P 500 is trading at 3,909.88 with a loss of – percent or –1.35 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 2,282.44 with a loss of -0.72% percent or -16.56 point; the S&P 600 Small-Cap Index closed at 1,290.93 with a loss of – percent or -4.46 point; the S&P 400 Mid-Cap Index closed at 2,519.24 with a loss of – percent or ?3.90 point; the S&P 100 Index closed at 1,794.74 with a loss of – percent or ?2.94 point; the Russell 3000 Index closed at 2,370.67 with a loss of –percent or –1.03 point; the Russell 1000 Index closed at 2,221.30 up with +or +0.19 point.