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Wall Street opens in a negative territory

Early signs of the US futures index suggest that Wall Street could fall sharply.

At 7:40 am ET, Dow futures fell 17.00 points, S & P 500 futures fell 1.00 points and Nasdaq 100 futures fell 4.00 points.

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

The FDA’s plan to allow the COVID-19 booster vaccine in a mixed-and-match pattern is a point of discussion today, while the UK is facing a surge in corona infections.

The US key average closed on Tuesday with a solid note. The Dow finished 198.70 points or 0.56 percent higher at 35,457.31. The S & P 500 rose 33.17 points (0.74%) to settle at 4,519.63, while the high-tech Nasdaq rose 107.28 points (0.71%) to 15,129.09.

Economically, the Energy Information Administration or EIA’s oil status report for the week is scheduled for 10:30 EST. Crude oil inventories increased by 6.1 million barrels last week and gasoline inventories decreased by 2 million barrels.

The 20-year government bond auction will be held at 1:00 pm Eastern Standard Time.

The Beige Book was created approximately two weeks before the Federal Open Market Committee’s Monetary Policy Conference at 2:00 pm Eastern Standard Time.

Federal Reserve Bank President Raphael Bostic gives opening and closing remarks before virtual racism and the economy: Focusing on the Federal Reserve’s wealth split event at 12:00 ET.

Federal Reserve Bank of Minneapolis Governor Neel Kashkari Participates in Virtual Racism and the Economy: Focuses on a wealth split event hosted by the Federal Reserve Bank at 12:00 pm Eastern Standard Time.

Federal Reserve Bank of Chicago Governor Charles Evans will attend a virtual “Racism and Economy: Focusing on Wealth Division” event hosted by the Federal Reserve Bank at 12:00 pm Eastern Standard Time.

Federal Reserve Board of Governors Randal Quarles will speak on the economic outlook at 1:00 pm (Eastern Standard Time) before the Milken Institute Global Conference.

Federal Reserve Bank of St. Louis Governor James Bullard joins the previous closing panel of virtual racism and the economy: Focusing on the Federal Reserve Bank’s wealth split event at 1:45 ET.

Federal Reserve Bank of San Francisco Governor Mary Daily will attend a virtual fireside chat before the Federal Reserve Bank of San Francisco’s co-sponsored symposium on Asian banks and finance at 8:35 pm (Eastern Time).

Asian stocks closed mixed on Wednesday. Chinese stocks fell slightly. The Shanghai Composite Index benchmark fell 6.15 points (0.17%) to 3,587. Hong Kong’s Hang Seng Index rose 348.81 points (1.35%) to 26,136.02.

Japan market Concerns over rising US Treasury yields closed the day’s highs. The Nikkei average was 29,255.55, ending with 40.03 points (0.14%). The wider Topix index settled slightly higher at 2,027.67.

The Australian market has grown steadily. The benchmark S & P / ASX 200 index rose 38.80 points (0.53%) to 7,413.70, while the broader All Ordinaries index rose 37 points (0.48%) to 7,727.20.

European stocks are trading higher. Among the major indices in the region, France’s CAC 40 index has risen 2.74 points (0.04%). Germany’s DAX added 18.80 points or 0.12 percent, and the UK’s FTSE 100 index scored 4.89 points or 0.07 percent.

The Swiss Market Index adds 79.24 points or 0.66%.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the entire euro area, has risen 0.14%.

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Wall Street opens in a negative territory

Source link Wall Street opens in a negative territory

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