Dow Futures Opening Update as on 27 July 2017

U.S. stock futures are lower in pre-market trading for Thursday, July 27.The Dow Futures are trading at 21,668.50 for up with +0.10% percent or +22.50 point. The S&P 500 Futures are trading at 2,477.50 for up with +0.17% percent or +4.25 point. The Nasdaq Futures are trading at 5,981.88 for up with +0.57% percent or +33.88 point.

In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 20,079.64 for up with +0.15% percent or +29.48 point. Hong Kong’s Hang Seng are trading at 27,162.53 for up with +0.82% percent or +221.51 point. China’s Shanghai Composite are trading at 3,247.46 with a loss of –0.01% percent or –0.22 point. India’s S&P BSE Sensex are trading at 32,647.93 for up with +0.82% percent or +265.47 point at 12:15 PM. In Europe, the FTSE 100 are trading at 7,448.72 with a loss of –0.05% percent or –3.60 point. Germany’s DAX are trading at 12,245.52 for with a loss of –0.48% percent or –59.59 point. France’s CAC 40 are trading at 5,193.28 for up with +0.06% percent or +3.11 point. The Stoxx Europe 600 are trading at 382.60 with a loss of -0.05% percent or -0.19 point.

Thursday’s Factors and Events

U.S. government debt prices were mostly lower on Thursday, as investors digested the latest statement made by the Federal Reserve and geared up for more data releases.

The yield on the benchmark 10-year Treasury note sat higher at around 2.305 percent at 7:57 a.m. ET, while the yield on the 30-year Treasury bond was slightly higher at 2.914 percent. Bond yields move inversely to prices.

On Wednesday, the Federal Open Market Committee left interest rates unchanged as widely expected.

 In a statement, the Fed said that the committee expects to “begin implementing its balance sheet normalization program relatively soon, provided that the economy evolves broadly as anticipated”, but added that inflation remains below its target of 2 percent.

Wednesday’s Activity

U.S. market  were higher on Wednesday. For the day the Dow Jones Industrial Average closed at 21,711.01 for up with +0.45% percent or +97.58 point. The S&P 500 closed at 2,477.83 for up with +0.03% percent or +0.70 point.The Nasdaq Composite closed at 6,422.75 for up with +0.16% percent or +10.57 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,442.28 with a loss of -0.56% percent or -8.11 point; the S&P 600 Small-Cap Index closed at 870.23  with a loss of –0.67% percent or –5.83 point; the S&P 400 Mid-Cap Index closed at 1,776.69 with a loss of –0.85% percent or –15.24 point; the S&P 100 Index closed at 1,091.47  for up with +0.13% percent or +1.40 point; the Russell 3000 Index closed at 1,468.56  with a loss of  –0.04% percent or –0.65 point; the Russell 1000 Index closed at 1,373.53  with –0.00% percent or –0.02 point; and the Dow Jones U.S. Select Dividend Index closed at 21,711.01 for up with +0.45% percent or +97.58 point.