Stock futures trade higher ahead of Fed minutes – .

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Stock futures trade higher ahead of Fed minutes – .


US equity futures are trading higher ahead of Wednesday’s opening bell on Wall Street.

The main forward indices suggest a gain of 0.1%.

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The minutes of the Federal Reserve’s minutes of its last policy meeting are due later today.

Traders will peruse the minutes for more clues to the bank’s economic outlook as well as thoughts on interest rates and buying bonds.

Before that, keep an eye out for the Job Opportunities and Workforce Turnover Survey. The Labor Department is expected to say there were 9.388 million job openings available at the end of May. That’s an increase of about 100,000 from the April reading.

Wall Street’s benchmark S&P 500 on Tuesday broke a seven-day record-breaking streak on Tuesday and fell after the Institute of Supply Management reported that service sector activity increased in June at a faster pace. slow than expected.

Teleprinter security Last Changer Changer %
Me: DJI MEDIUM DOW JONES 34577.37 -208.98 -0.60%
SP500 S&P 500 4343.54 -8,80 -0,20 %
I:COMP NASDAQ COMPOSITE INDEX 14663.640373 +24,32 +0.17%

The S&P lost 0.2% to 4,343.54 on Tuesday, due to losses by banks and energy companies. The index is up 15.6% over the year.

The Dow Jones Industrial Average fell 0.6% to 34,577.37. The Nasdaq Composite rose 0.2% to 14,663.64.

In Europe, London’s FTSE rose 0.5%, Germany’s DAX 0.7% and France’s CAC rose 0.3%.

Asian stock markets followed Wall Street’s decline on Wednesday.

The Nikkei 225 in Tokyo fell 1%, the Hang Seng in Hong Kong fell 0.5% and the Shanghai China Composite Index rose 0.7% after the Chinese Cabinet said it would impose a more stringent data security and other standards for Chinese companies wishing to join foreign stock exchanges. .

The announcement, at a time when Beijing is tightening control over tech industries, is a potential hurdle for Chinese entrepreneurs who have raised billions of dollars overseas. It comes after rideshare service Didi Global Inc. was ordered to stop registering new users and remove its app from online stores while tightening customer information security.

Teleprinter security Last Changer Changer %
HAVE I GOT DIDI GLOBAL INC 12.49 -3.04 -19,57 %
AMZN AMAZON.COM, INC. 3 675,74 +164.76 +4,69%
MSFT MICROSOFT CORP. 277.66 +0.01 +0,00%

Also on Tuesday, Didi stock fell 19.6% in New York. This follows a 5% drop on Friday after Chinese regulators said they were investigating information security at Didi and two other ride tech companies.

Amazon jumped 4.7% after the Pentagon announced it was canceling a cloud computing deal with rival Microsoft that could have ultimately been worth $ 10 billion and would pursue a deal with Microsoft and Amazon instead. Microsoft stocks have changed little.

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In energy markets, benchmark US crude added $ 1.06 to $ 74.41 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell from $ 1.79 to $ 73.37 on Tuesday. Brent crude, the base of international oil prices, gained 91 cents to $ 75.44 a barrel in London. It plunged from $ 2.63 the previous session to $ 74.53.

The Associated Press contributed to this report.

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