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The Fed speeches might get special attention on Tuesday. The U.S. Futures Index suggests that Wall Street might continue to be in negative territory at today’s opening. <\/p>\n
Asian shares closed the trading broadly up, while European shares are trading mostly higher. <\/p>\n
As of 7.25 am ET, the Dow futures were down 56.00 points, the S&P 500 futures were declining 6.25 points and the Nasdaq 100 futures were declining 21.00.<\/p>\n
The U.S. major averages finished lower on Monday. The tech-heavy Nasdaq dipped 31.28 points or 0.2 percent to 15,597.68 after falling as much as 1.0 percent in early trading. The S&P 500 fell 15.80 points or 0.3 percent to 4,942.81, while the narrower Dow remained more firmly in the red, closing down 274.30 points or 0.7 percent at 38,380.12.<\/p>\n
On the economic front, the three-year Treasury Note auction will be held at 1.00 pm ET. <\/p>\n
Four-month Treasury bill auction will be held at 11.00 am ET. <\/p>\n
Cleveland Fed President Loretta Mester will give a keynote address before the Ohio Bankers League Economic Summit at noon ET. <\/p>\n
Minneapolis Fed President Neel Kashkari will participate in a Q&A session as part of a Greater Mankato Growth luncheon at 1.00 pm ET. <\/p>\n
Boston Fed President Susan Collins will give opening and overview remarks before a virtual conference hosted by the Fed Governors and the Federal Reserve Banks of Atlanta, Boston, Cleveland, Philadelphia, San Francisco, and St. Louis at 2.00 pm ET. <\/p>\n
Philadelphia Fed President Patrick Harker to speak before a Rowan Institute for Public Policy & Citizenship event at 7.00 pm ET.<\/p>\n
Asian stocks ended mixed on Tuesday. China’s Shanghai Composite index soared 3.23 percent to 2,789.49. <\/p>\n
Hong Kong’s Hang Seng index surged 4.04 percent to 16,136.87.<\/p>\n
Japanese markets<\/span> closed lower. The Nikkei average dropped 0.53 percent to 36,160.66, while the broader Topix index settled 0.68 percent lower at 2,539.25.<\/p>\n Australian stocks declined as fourth-quarter retail sales data disappointed. The benchmark S&P ASX 200 fell 0.58 percent to 7,581.60, its lowest since January 29. The broader All Ordinaries index closed down 0.59 percent at 7,808.90. <\/p>\n<\/p>\n Business News<\/p>\n<\/div>\n