Stock futures are little changed as investors come off winning day
There was a little change in the stock futures on Wednesday.
Futures connected to Dow Jones industrial Averages decreased by 14 points. S&P futures and Nasdaq 100 had no significant change in their futures.
On Wednesday the three major indexes ended higher.
The Nasdaq composite is at the leading with an increase of 1.8%.
S&P 500 increased at the rate of 1.4% and Dow increased by 1%.
Amazon increased by 3%. Meta and Netflix increased by more than 2%.
SPDR S&P increased by around 1%.
Shares of Alibaba increased 2.7% in early trade.
The bank of Thailand on Wednesday increased its benchmark rate by 25 points to 1.75%.
“Recent banking stresses in some advanced economies have not had a significant impact on the Thai financial system, as Thai financial institutions and corporations have limited linkages with the troubled banks and risky assets,” spoken by the central bank.
The technology-heavy Nasdaq Composite ended on Wednesday up to 2% higher.
Which puts the key index at a pace of 13% increase.
With just two of 5 trading weeks left the three major indexes are at the race to be top.
The Dow is at the top this week after increasing 1.5%. The S&P 500 increased by 1.4%.
The Nasdaq composite increased 0.9%.
“This banking crisis is going to be very well contained by both the Fed and the FDIC. And at the same time, I think it’s going to keep the Fed from raising interest rates even further,” Yardeni said.
As the extended trade kicked off the stock futures were flat.
Dow futures, S&P 500 futures, and Nasdaq 100 futures all traded within 0.1% and had no significant change.
- Published By Team Nation Press News