Futures are pointed towards a slightly higher open Wednesday morning. The tech-heavy NASDAQ is leading as tech shares continue to rise. DiDi Global (DIDI) continues to drop in premarket trading following the China crackdown on tech firms listing shares abroad. Interest rates are falling again as bond prices keep pushing higher. The minutes of June's Federal Reserve meeting are scheduled to be released at 2 p.m. this afternoon. The Nasdaq is up 0.61%, the S&P is up 0.25%, the Dow Jones is up 0.14%.
Quote of the Day
Work like you don't need the money. Love like you've never been hurt. Dance like nobody's watching.
Stocks on the Move
Upgrades & Downgrades
Stocks in Asia are mixed. The Australia ASX All Ordinaries is up 0.9%, the Shanghai SE Composite Index is up 0.66%, the Mumbai Sensex is up 0.37% the Hang Seng is down -0.4% and the Nikkei 225 is down -0.96%. In Europe stocks are up. The DAX is up 0.98%, the Euro Stoxx 50 is up 0.49%, the FTSE 100 is up 0.41% and the CAC 40 is up 0.08%.
Futures & Currencies
Energy futures are up today. The price for West Texas Intermediate crude oil is up 0.27 at 73.64 per barrel. Brent crude is up 0.56 at 75.09 per barrel. Natural Gas is up 0.02 at 3.66. Precious metals are up this morning. Gold is up 10.98 at 1808.06 per ounce. Platinum is up 8.89 at 1103.48 while silver is up 0.36 at 26.53. The dollar is down compared to the major currencies today. The greenback is down against the euro, down against the Yen and down against the Pound.
Yesterday, 2,061,310 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 1,041,090 put contracts. The single-session put/call ratio was 0.51.
Today's Economic Calendar
|No.||What's Happening?||Period||Release Time|
|1||MBA Mortgage Applications Index||07/03||7:00|