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Futures suggest that Wall Street open higher

Every Thursday, weekly unemployment claims and Federal Reserve Board speeches, including Federal Reserve Chairman Jerome Powell, could get a lot of attention.

Asian stocks closed in different ways, but European stocks have fallen sharply.

The first clues from the US Futures Index show the positive opening of Wall Street.

As of 7:45 EST, Dow futures are up 2.00 points, S & P 500 futures are up 14.00 points and Nasdaq 100 futures are up 116.00 points.

The US key average ended mixed on Wednesday. The Nasdaq fell 9.54 points (0.1%) to 13,688.84, the Dow rose 16.02 points (0.1%) to 33,446.26, and the S & P 500 rose 6.01 points (0.2%) to set a new record of 4,079.95.

Economically, this week’s Ministry of Labor unemployment claim will be announced at 8:30 EST. The consensus was 680K, an increase of 719K last week.

This week’s Energy Information Agency or EIA Natural Gas Report is scheduled for 10:30 EST. Natural gas inventories increased by 14bcf last week.
The 3 and 10 year Treasury securities auctions will be held at 11:00 AM Eastern Standard Time. The 30-year Treasury bond auction will take place at 11:00 EST.

This week’s Fed balance sheet will be announced at 4:30 pm Eastern Standard Time. Last week’s level was $ 7.689 trillion.

Federal Reserve Bank of St. Louis Governor James Bullard will speak to the Paul Simon Institute of Public Policy at Southern Illinois University via Zoom at 11:00 EST.

Federal Reserve Board Chair Jerome Powell will participate in the Virtual International Monetary Fund Seminar: 12:00 pm Eastern Standard Time, a debate on the world economy.

Asian stocks finished mixing on Thursday. China’s Shanghai Composite Index closed at 3,482.55, which is slightly higher.

Hong Kong’s Hang Seng Index rose 333.27 points (1.16%) to 29,008.07.

Japanese stocks fell due to a surge in domestic Covid infections and concerns about possible restrictions on economic activity.

The Nikkei Stock Average fell 21.81 points to 29,708.98, and the Tokyo Stock Price Index fell 0.79% to 1,951.86.

Australian person market It rose sharply and recorded a new high after the pandemic. The benchmark S & P / ASX 200 rose 70.80 points (1.02%), reaching 7,012 earlier in the day and then ending at 6,998.80. The wider All Ordinaries index was 7,250.30, which was 72.90 points, or 1.02 percent.

European stocks are almost down. Among the major indices in the region, France’s CAC 40 index is down 25.81 points, or 0.43 percent. Germany’s DAX has lost 3.29 points or 0.02 percent, and the UK’s FTSE 100 index has scored 28.44 points or 0.41 percent.

The Swiss Market Index adds 40.96 points or 0.37 percent.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the entire euro area, is up 0.27%.

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Futures suggest that Wall Street open higher

Source link Futures suggest that Wall Street open higher

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