U.S. stock lower in pre-market trading for,May 12.The Nasdaq Futures is trading at 13,275.20 with a loss of -0.53% percent or -70.75 point.The Dow Futures is trading at 34,058.50 with a loss of -0.36% percent or -124.50 point.The S&P 500 Futures is trading at 4,132.88 with a loss of -0.32% percent or -13.37 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 28,183.33 with a loss of – percent or?424.19 point. Hong Kong’s Hang Seng is trading at 28,058.18 up with + percent or +44.37 point. China’s Shanghai Composite is trading at 3,453.63 up with + percent or +11.79 point. India’s BSE Sensex is trading at 48,743.92 with a loss of – percent or ?417.89 point at 12:15 PM.For the day the FTSE 100 closed at 6,947.99 with a loss of –percent or ?175.69 point. France’s CAC 40 closed at 6,267.39 with a loss of –percent or ?118.60 point.Germany’s DAX closed at 15,119.75 with a loss of – percent or –280.66 point.
Wednesday’s Factors and Events
Investors around the world are also focused on the latest inflation data this week; China released data Tuesday that showed consumer prices data in April jumped 0.9% from a year ago, slightly missing the 1% forecast by analysts in a Reuters poll. However, the producer price index rose 6.8%, beating the 6.5% projected by analysts polled by Reuters.
U.S. inflation data is released Wednesday amid growing concerns that the Federal Reserve will be prompted to tighten its monetary policy stance as prices rise along with the reopening of the global economy.
For the day The Nasdaq Composite is trading at 13,752.24 up with + percent or +119.39 point.the Dow is trading at 34,777.76 up with +percent or +229.23 point. The S&P 500 is trading at 4,232.60 up with + percent or +30.98 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 2,206.99 with a loss of -0.26%percent or -5.71 point; the S&P 600 Small-Cap Index closed at 1,337.38 with a loss of -0.53% percent or -7.08 point; the S&P 400 Mid-Cap Index closed at 2,712.95 with a loss of – percent or ?24.23 point; the S&P 100 Index closed at 1,880.26 with a loss of – percent or –14.75 point; the Russell 3000 Index closed at 2,474.99 with a loss of –percent or ?18.55 point; the Russell 1000 Index closed at 2,332.30 with a loss of – or –18.29 point.