U.S. stock higher in pre-market trading for,Feb 11.The Dow Futures is trading at 31,404.00 with +0.24% percent or +76.00 point.The S&P 500 Futures is trading at 3,914.62 up with +0.30% percent or +11.62 point.The Nasdaq Futures is trading at 13,706.80 up with +0.46% percent or +63.25 point.

Wednesday’s Factors and Events

The dollar dropped to two-week lows on Wednesday in choppy trading, led by losses against sterling and the euro, weighed down by U.S. data showing tepid inflation and a slippage in Treasury yields.

U.S. benchmark 10-year yields were last at 1.136%, down 2 basis points from Monday’s level. The dollar extended losses after data showed U.S. underlying inflation remained benign. Excluding the volatile food and energy components, the CPI was unchanged for a second straight month. Tame inflation data made it more likely the Federal Reserve would keep interest rates ultra-low.

Tuesday Activity

For the day the Dow is trading at 31,437.80 up with +percent or  +61.97 point. The S&P 500 is trading at 3,909.88 with a loss of – percent or –1.35 point. The Nasdaq Composite is trading at 13,972.53 with a loss of – percent or  -35.16 point.

Other leading market index closes included the small-cap Russell 2000 Index closed at 2,282.44  with a loss of -0.72% percent or -16.56 point; the S&P 600 Small-Cap Index closed at 1,290.93  with a loss of – percent or -4.46 point; the S&P 400 Mid-Cap Index closed at 2,519.24  with a loss of – percent or ?3.90 point; the S&P 100 Index closed at 1,794.74 with a loss of – percent or  ?2.94 point; the Russell 3000 Index closed at 2,370.67  with a loss of –percent or –1.03 point; the Russell 1000 Index closed at 2,221.30 up with +or +0.19 point.

Rules of Discussion on Dow Futures

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Loading comments …