U.S. stock futures higher in pre-market trading for Thursday, June 14. The Dow Futures is trading at 25,219.00 up with +0.04% percent or +11.00 point.The S&P 500 Futures is trading at 2,780.00 up with +0.04% percent or +1.00 point.The Nasdaq Futures is trading at 7,226.00 with a loss of -0.07% percent or -5.75 point..
In overnight trading in the Eastern Hemisphere, Japan’s Nikkei 225 is trading at 22,738.61 with a loss of –0.99% percent or –227.77 point. Hong Kong’s Hang Seng is trading at 30,440.17 with a loss of –0.93% percent or –284.98 point. China’s Shanghai Composite is trading at 3,044.16 with a loss of –0.18% percent or –5.64 point. India’s BSE Sensex is trading at 35,615.53 with a loss of –0.35% percent or –123.63 point at 12:15 PM.The FTSE 100 is trading at 7,664.82 with a loss of –0.50% percent or –38.89 point. Germany’s DAX is trading at 12,846.66 with a loss of –0.34% percent or –43.92 point. France’s CAC 40 is trading at 5,442.57 with a loss of –0.19% percent or –10.15 point. The Stoxx Europe 600 is trading at 386.45 with a loss of –0.46%percent or –1.85 point.
Thursday’s Factors and Events
U.S. stock index futures pointed to a lower open Thursday morning as investors digested comments from the Federal Reserve.
At around 4:06 a.m. ET, Dow futures slipped 27 points, indicating a negative open of 31.20 points. The Nasdaq and the S&P 500 futures also indicated a lower start to the session for their respective markets.
The moves in pre-market trade came after the Federal Reserve announced a new rate hike and indicated that two other increases are possible until the end of the year. As a result, the Dow fell about 120 points as traders expect that the higher rates will bring higher costs for companies.
Wednesday’s Activity
For the day the Dow is trading at 25,201.20 with a loss of –0.47% percent or –119.53 point. The S&P 500 is trading at 2,775.63 with a loss of – 0.40% percent or –11.22 point. The Nasdaq Composite is trading at 7,695.70 with a loss of -0.11% percent or –8.09 point.
In other parts of world, Japan’s Nikkei 225 is trading at 22,738.61 with a loss of –0.99% percent or –227.77 point. Hong Kong’s Hang Seng is trading at 30,440.17 with a loss of –0.93% percent or –284.98 point. China’s Shanghai Composite is trading at 3,044.16 with a loss of –0.18% percent or –5.64 point. India’s BSE Sensex is trading at 35,615.53 with a loss of –0.35% percent or –123.63 point at 12:15 PM.