European stocks have fallen on Wednesday, but Asian stocks have fallen sharply.
Early signs from the US futures index suggest that Wall Street could rise significantly.
April wholesale inventories could be an important economic announcement.
At 7:50 EST, Dow futures were up 29.00 points, S & P 500 futures were up 3.50 points, and Nasdaq 100 futures were up 40.00 points.
The major US average ended higher than most. The Dow fell at 34,599.82, hitting a low at 30.42 points or 0.09%. The S & P 500 closed at 4,227.26, up 0.74 points (0.02%), and the Nasdaq rose 43.19 points (0.31%) to close at 13,924.91.
On the economic front, the Department of Commerce’s wholesale inventory (provisional) for April will be released at 10:00 AM ET. The consensus was a 0.8% increase from a 1.3% increase last month.
This week’s Energy Information Management or EIA oil status report will be released at 10:30 EST.
The 10-year Treasury securities auction will take place at 1:00 pm Eastern Standard Time.
Asian stocks fell sharply on Wednesday. After the release of inflation data, Chinese stocks rose and closed. The benchmark Shanghai Composite Index rose 11.29 points (0.32%) to 3,591.40, while the Hang Seng Index in Hong Kong fell 14.88 points (0.05%) to 28,758.12.
End of Japanese stocks. The Nikkei Stock Average fell 102.76 points, or 0.35% to 28,860.80, and the broader Topix Index fell 0.28% to close at 1,957.14.
Australian person market I gave up early profits because it ended up slightly lower. Benchmark S & P / ASX 200 set a record high for intraday trading and closed at 7,270.20 with 22.40 points (0.31%) before closing the session. All broader regular indices fell by 20.30 points, or 0.27%, to 7,522.
European stocks are most often traded at low prices. Among the major indices in the region, France’s CAC 40 index is down 2.87 points, or 0.04%. Germany’s DAX has lost 85.55 points (0.55 percent) and the UK’s FTSE 100 index has risen by 52.96 points (0.95 percent).
The Swiss market index has increased by 60.32 points or 0.52%.
The Euro Stoxx 50 Index, which collects 50 of the best Eurozone stocks, is down 0.29%.
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Futures are the key to higher openness
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