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Futures refers to a wider and higher open for Wall Street

The Federal Reserve Board’s monetary policy announcements and earnings reports may receive special attention on Wednesday.

Advanced Micro Devices (AMD), CH Robinson (CHR), Juniper Networks (JNPR), Mattel (MAT), Starbucks (SBUX) and Visa (V) are also companies that have announced quarterly results after today’s closing.

Asian stocks ended up mixed, but European stocks traded positive.

Early trends in the US futures index suggest that Wall Street could be widespread.

At 7:45 am ET, Dow futures fell 16.00 points, S & P 500 futures rose 2.50 points and Nasdaq 100 futures rose 41.75 points.

The US major average closed all in the negative territory on Tuesday. The Nasdaq fell 180.14 points (1.2%) to 14,660.58, the S & P 500 fell 20.84 points (0.5%) to 4,401.46, and the Dow fell 85.79 points (0.2%) to 35,058.52.

On the economic front, the Census Bureau’s International Commodity Trade (Advance) will be released in June at 8:30 EST. The consensus was a deficit of $ 88.7 billion, down $ 88.1 billion last month.

June retail inventory (advance) will be available at 8:30 EST. Last month’s inventory fell 0.8%.

The Department of Commerce’s wholesale inventory (advance) for June is scheduled for 8:30 EST. The consensus was 1.1%, but rose 1.1% last month.

The July State Street Investor Confidence Index will be released at 10 am Eastern Standard Time. Last month’s index was 96.3.

This week’s Energy Information Agency or EIA oil status report is scheduled for 10:30 EST. Crude oil inventories increased by 2.1 million barrels last week and gasoline inventories decreased by 100,000 barrels.

The July Business Uncertainty Survey will be published at 11:00 EST. Last month sales growth increased 4.32%.

A two-year floating rate note or FRN auction will take place at 11:30 EST.

The Federal Open Market Committee or FOMC announcement will be made at 2:00 pm Eastern Standard Time.
The Federal Reserve Board’s press conference will take place at 2:30 pm Eastern Standard Time.

Asian stocks finished mixing on Wednesday. Chinese stocks have fallen four times in a row. The benchmark Shanghai Composite Index fell 19.59 points (0.58%) to 3,361.59, while the Hang Seng Index in Hong Kong rose 1.54% to 25,473.88 after the bear market crisis.

Japanese stocks closed near the lowest price in six months. The Nikkei Stock Average fell 388.56 points (1.39%) to 27,581.66, approaching the six-and-a-half-month low of last week. The broader Tokyo Stock Price Index fell 0.95 percent to close at 1,919.65.

Australian person market It fell significantly.

Benchmark S & P / ASX 200 fell 52.10 points (0.70%) to 7,379.30 after closing at its highest on the previous day. The broader All Ordinaries index was 7,649.60, down 54.40 points, or 0.71 percent.

European stocks are trading higher. Among the major indices in the region, France’s CAC 40 index has risen 49.37 points (0.76%). Germany’s DAX has added 36.74 points or 0.23 percent, and the UK’s FTSE 100 Index has scored 14.58 points or 0.21 percent.

The Swiss Market Index adds 35.10 points or 0.29 percent.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the entire euro area, is up 0.58%.

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Futures refers to a wider and higher open for Wall Street

Source link Futures refers to a wider and higher open for Wall Street

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