U.S. stock futures are lower in pre-market trading for Wednesday, August 23.The Dow Futures are trading at 21,839.50 with a loss of -0.21% percent or -46.50 point The S&P 500 Futures are trading at 2,445.62 with a loss of -0.29% percent or -7.13 point.The Nasdaq Futures are trading at 5,862.50 with a loss of -0.27% percent or -16.00 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 19,434.64 for up with +0.26% percent or +50.80 point. Hong Kong’s Hang Seng are trading at 27,401.67 for up with +0.91% percent or +246.99 point. China’s Shanghai Composite are trading at 3,287.41 with a loss of –0.09% percent or –2.81 point. India’s S&P BSE Sensex are trading at 31,468.24 for up with +0.56% percent or +176.39 point at 12:15 PM. In Europe, the FTSE 100 are trading at 7,372.56 with a loss of –0.12% percent or –9.1 point. Germany’s DAX are trading at 12,208.02 with a loss of –0.17% percent or –21.32 point. France’s CAC 40 are trading at 5,127.61 with a loss of –0.08% percent or –4.24 point. The Stoxx Europe 600 are trading at 374.53 with a loss of -0.34% percent or -1.27 point.
Wednesday’s Factors and Events
At a rally in Phoenix, Trump said he would keep his campaign promise of building a border wall even “if we have to close down our government.” Trump also said he doubts a renegotiation of the North American Free Trade Agreement is possible.
Investors also awaited key economic data releases ahead of an important monetary policy symposium at Jackson Hole later on this week.
Tuesday’s Activity
U.S. market were higher on Tuesday. For the day The Dow Jones Industrial Average closed at 21,899.89 for up with +0.90% percent or +196.14 point.The S&P 500 closed at 2,452.51 for up with +0.99% percent or +24.14point. The Nasdaq Composite closed at 6,297.48 for up with +1.36%percent or +84.35 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,371.54 for up with +1.08% percent or +14.63 point; the S&P 600 Small-Cap Index closed at 825.37 for up with +0.99% percent or +8.12 point; the S&P 400 Mid-Cap Index closed at 1,707.04 for up with +0.91% percent or +15.37 point; the S&P 100 Index closed at 1,085.24 for up with +0.98% percent or +10.52 point; the Russell 3000 Index closed at 1,447.21 for up with +1.00% percent or +14.30point; the Russell 1000 Index closed at 1,357.48 for up with +0.99% percent or +13.33 point; and the Dow Jones U.S. Select Dividend Index closed at 21,899.89 for up with +0.90% percent or +196.14 point..