U.S. stock futures lower in pre-market trading for Wednesday, May 16. The Dow Futures is trading at 24,641.00 with a loss of -0.08% percent or -19.00 point. The S&P 500 Futures is trading at 2,707.25 with a loss of -0.06% percent or -1.75 point.The Nasdaq Futures is trading at 6,883.75 with a loss of -0.10% percent or -6.75 point.
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,717.23 with a loss of -0.44% percent or -100.79 point. Hong Kong’s Hang Seng is trading at 30,982.90 with a loss of -0.54% percent or -169.13 point. China’s Shanghai Composite is trading at 3,171.76 with a loss of -0.64% percent or -20.36 point. India’s BSE Sensex is trading at 35,384.13 with a loss of -0.45% percent or -159.81 point at 12:15 PM.The FTSE 100 is trading at 7,719.28 with a loss of -0.048% percent or -3.70 point. Germany’s DAX is trading at 12,978.45 up with +0.065% percent or +8.41 point. France’s CAC 40 is trading at 5,545.58 with a loss of -0.14% percent or -7.57 point. The Stoxx Europe 600 is trading at 392.15 with a loss of -0.06% percent or -0.18 point.
Wednesday’s Factors and Events
Tuesday’s Activity
U.S. market were lower on Tuesday.For the day the Dow is trading at 24,706.41 with a loss of -0.78% percent or -193.00 point. The S&P 500 is trading at 2,711.45 with a loss of -0.68% percent or -18.68 point. The Nasdaq Composite is trading at 7,351.63 with a loss of – 0.81% percent or -59.69 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,600.34 with a loss of 0.00% percent or 0.00 point; the S&P 600 Small-Cap Index closed at 982.43 up with +0.031% percent or +0.30 point; the S&P 400 Mid-Cap Index closed at 1,930.67 with a loss of -0.24% percent or -4.56 point; the S&P 100 Index closed at 1,192.81 with a loss of -0.77% percent or -9.25 point; the Russell 3000 Index closed at 1,609.65 with a loss of -0.60% percent or -9.76 point; the Russell 1000 Index closed at 1,503.91 with a loss of -0.65% percent or -9.88 point;
Loading ...
U.S. government debt prices rose into positive territory on Wednesday, as investors continued to monitor an upswing in bond yields.
The yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 3.0613 percent, while the yield on the 30-year Treasury bond was also lower at 3.1900 percent.
Robust retail sales and factory data lifted the U.S. 10-year yield through a psychologically important level to hit 3.095 percent — it’s highest since 2011. The rise in yields hampered U.S. share markets amid fears it could undercut stock valuations.