U.S. stock futures higher in pre-market trading for,September 11 The Dow Futures is trading at 26,933.00 up with +0.15% percent or +39.00 point.The S&P 500 Futures is trading at 2,979.88 up with +0.05% percent or +1.38 point.The Nasdaq Futures is trading at 7,816.00 up with +0.01% percent or +1.00 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,597.76 up with +0.96% percent or +205.66 point. Hong Kong’s Hang Seng is trading at 27,081.93 up with 1.49% percent or +398.25 point. China’s Shanghai Composite is trading at 3,008.81 with a loss of –0.41% percent or –12.39 point. India’s BSE Sensex is trading at 37,267.88 up with +0.33% percent or +122.43 point at 12:15 PM.The FTSE 100 is trading at 7,334.94 up with +0.92% percent or +66.99 point. Germany’s DAX is trading at 12,361.04 up with +0.75% percent or +92.33 point. France’s CAC 40 is trading at 5,617.32 up with +0.43% percent or +24.12 point. The Stoxx Europe 600 is trading at 389.22 up with +0.72% percent or +2.72 point.
Wednesday’s Factors and Events
Technology stocks led the Wall Street into the red on Tuesday as recessionary fears, fueled by declining producer prices from China, dampened investor risk appetite.
A gain in industrials cushioned the blue-chip Dow’s slide, and the tech-heavy Nasdaq was on track for its third straight decline.
“It looks like a move from growth to value but it’s too early to say if it’s a shift or a trade,” said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama.”
China producer prices, or the prices factories get for the goods they make, fell last month at their sharpest pace in three years as the country grapples with its bruising trade war with the United States.
For the day the Dow is trading at 26,909.43 up with +0.28% percent or +73.92 point. The S&P 500 is trading at 2,979.39 up with +0.032% percent or +0.96 point. The Nasdaq Composite is trading at 8,084.16 with a loss of –0.041% percent or –3.28 point.
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,542.99 up with +1.23% percent or +18.76 point; the S&P 600 Small-Cap Index closed at 954.91 up with +1.22% percent or +11.52 point; the S&P 400 Mid-Cap Index closed at 1,937.80 up with +0.59% percent or +11.34 point; the S&P 100 Index closed at 1,317.44 up with +0.050% percent or +0.66 point; the Russell 3000 Index closed at 1,746.26 up with +0.11% percent or +1.88 point; the Russell 1000 Index closed at 1,646.30 up with +0.030% or +0.50 point.