U.S. stock futures are higher in pre-market trading for Wednesday, December 27.The Dow Futures are trading at 24,807.00 for up with of +0.06% percent or +15.00 point. The S&P 500 Futures are trading at 2,689.25 for up with +0.08% percent or +2.25 point. The Nasdaq Futures are trading at 6,469.25 for up with +0.14% percent or +9.25 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 are trading at 22,911.21 for up with +0.08% percent or +18.52 point. Hong Kong’s Hang Seng are trading at 29,602.58 for up with +0.09% percent or +25.78 point. China’s Shanghai Composite are trading at 3,275.78 with a loss of –0.92% percent or –30.34 point. India’s BSE Sensex are trading at 34,071.08 for up with +0.18% percent or +60.47 point at 12:15 PM.The FTSE 100 are trading at 7,605.31 for up with +0.17% percent or +12.65 point. Germany’s DAX are trading at 13,089.48 for up with +0.13% percent or +16.69 point. France’s CAC 40 are trading at 5,371.95 for up with +0.13% percent or +7.24 point. The Stoxx Europe 600 are trading at 390.25 with a loss of -0.01% percent or -0.03 point.
Wednesday’s Factors and Events
U.S. government debt prices were lower on Wednesday, as investors turn their attention to fresh economic data as the year draws to a close.
The yield on the benchmark 10-year Treasury note was higher at around 2.472 percent at 5:40 a.m. ET, while the yield on the 30-year Treasury bond was up at 2.813 percent. Bond yields move inversely to prices.
Shares of the U.S. technology giant posted their worst day since August on Tuesday, following a report from Taiwan’s Economic Daily newspaper, which cited unidentified sources, that Apple would be slashing its sales forecast for the iPhone X in the quarter to 30 million units. Consequently, investors will be paying close attention to the stock on Wednesday, as well as the moves in Apple suppliers
U.S. market were lower on Tuesday. For the day the Dow Jones Industrial Average closed at 24,746.21 with a loss of –0.03% percent or –7.85 point. The S&P 500 closed at 2,680.50 with a loss of –0.11% percent or –2.84 point. The Nasdaq Composite closed at 6,936.25 with a loss of –0.34% percent or –23.71 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,544.23 for up with +0.08% percent or +1.30 point; the S&P 600 Small-Cap Index closed at 940.27 for up with +0.10% percent or +0.93 point; the S&P 400 Mid-Cap Index closed at 1,905.73 for up with +0.06% percent or +1.15 point; the S&P 100 Index closed at 1,186.62 with a loss of -0.20% percent or -2.40 point; the Russell 3000 Index closed at 1,587.00 with a loss of –0.08% percent or –1.25 point; the Russell 1000 Index closed at 1,485.40 with a loss of -0.09% percent or -1.37 point; and the Dow Jones U.S. Select Dividend Index closed at 24,746.21 with a loss of –0.03% percent or –7.85 point.