Morning Wire — US Stock-Index Futures Down Again

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
US index futures are moving down this morning as investors wait for the report from the US Commerce Department on factory orders. Economists expect a gain of 1.5% in orders. This afternoon the FOMC releases the minutes of its last meeting, and many investors will be reading the tea leaves for an indication of where the Fed stands on more easing. In Europe, markets are down as traders are ditching bank stocks and yields on Spanish and Italian debt are rising. In Asia, Japanese stocks are down as the yen has gained strength. The Shanghai exchange is closed until Thursday for a holiday.

At about 8:15 a.m. ET, Germany’s DAX is down -0.39% at 7,029.16 and France’s CAC 40 is down -0.69% at 3,438.91. In London, the FTSE 100 is down -0.33%, at 5,855.23.

In Asia, the Hang Seng index closed up 1.31%, at 20,791.00. The Nikkei closed down -0.59% at 10,050.40 and the Shanghai exchange was closed today.

Dow futures are down -0.28%, at 13,152.00. The Nasdaq is down -0.11%, at 2,774.00 and the S&P is down -0.28%, at 1,408.60.

In the currency markets, the US dollar is stronger against the euro, the British pound, and the Japanese yen. The US dollar index is up 0.14% at 78.934.

In commodities, WTI and Brent crude are lower this morning, with WTI down -0.78% at $104.41/barrel and Brent is down -0.53% at $124.77/barrel. Gold is down -0.29% this morning, at $1,674.80/ounce.

Paul Ausick

Contact [email protected] for any questions or corrections.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

META Vol: 40,760,422
KMX Vol: 2,288,021
WY Vol: 6,523,553
SBAC Vol: 1,443,801
NVDA Vol: 148,249,982

Top Losing Stocks

MRNA Vol: 9,176,778
CTRA Vol: 73,319,495
CRWD Vol: 9,269,567
DDOG Vol: 5,135,556
EPAM Vol: 1,164,561