U.S. stock futures higher in pre-market trading for , July 11 The Dow Futures is trading at 26,896.00  up with +0.13% percent or +36.00 point. The S&P 500 Futures is trading at 3,001.62  up with +0.16% percent or +4.88 point.The Nasdaq Futures is trading at 7,942.00 up  with +0.21% percent or +16.50 point.

In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,643.53 up with +0.51% percent or +110.05 point. Hong Kong’s Hang Seng is trading at 28,413.22 up with +0.74% percent or +208.53 point. China’s Shanghai Composite is trading at 2,916.74 up with +0.049% percent or +1.44 point. India’s BSE Sensex is trading at 38,783.95  up with +0.59% percent or +226.91 point at 12:15 PM.The FTSE 100 is trading at 7,523.74 with a loss of -0.092% percent or -6.95 point. Germany’s DAX is trading at 12,325.72  with a loss of -0.39% percent or -47.69 point. France’s CAC 40 is trading at 5,565.09 with a loss of -0.045% percent or -2.50 point. The Stoxx Europe 600 is trading at 387.15  with 0.00% percent or 0.00 point.

Thursday’s Factors and Events

U.S. stock index futures rose on Thursday on the back of testimony by Federal Reserve Chairman Jerome Powell that signaled easier monetary policy could be implemented later this month.

In testimony to the House Financial Services Committee on Wednesday, Powell said business investments across the U.S. have slowed “notably” recently as uncertainties over the economic outlook linger. As a result, expectations of an upcoming rate cut grew.

Wednesday Activity

For the day the Dow is trading at 26,860.20  up with +0.29% percent or +76.71 point. The S&P 500 is trading at 2,993.07 up with +0.45% percent or +13.44 point. The Nasdaq Composite is trading at 8,202.53 up with +0.75% percent or +60.80 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,565.05 up with +0.16% percent or +2.46 point; the S&P 600 Small-Cap Index closed at 948.75 up with +0.19% percent or +1.81 point; the S&P 400 Mid-Cap Index closed at 1,945.83  with a loss of -0.071% percent or -1.38 point; the S&P 100 Index closed at 1,324.50 up with +0.59% percent or +7.71 point; the Russell 3000 Index closed at 1,759.13 up with +0.41% percent or +7.13 point; the Russell 1000 Index closed at 1,657.63 up with +0.42% or +7.01 point.