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Investors might be reacting to the weekly jobless claims and existing home sales on Thursday. Early trends from the U.S. Futures suggest that Wall Street open higher. <\/p>\n
In the Asian trading session, precious metals dipped, gold fell half a percent to trade below $5,060 an ounce. Oil prices were slightly higher.<\/p>\n
Asian shares finished mostly up, while European shares are trading higher. <\/p>\n
As of 7.40 am ET, the Dow futures were gaining 147.00 points, the S&P 500 futures were up 25.50 points and the Nasdaq 100 futures were progressing 94.00 points.<\/p>\n
The U.S. major averages Tuesday closed modestly lower.<\/p>\n
The Dow slipped 66.74 points or 0.1 percent to 50,1212.40, the Nasdaq dipped 36.01 points or 0.2 percent to 23,066.47 and the S&P 500 edged down 0.34 points or less than a tenth of a percent to 6,941.47.<\/p>\n
On the economic front, the Jobless Claims for the week will be issued at 8.30 am ET. The consensus is 215K, while it was up 231K in the prior week. <\/p>\n
The Existing Home Sales for January will be issued at 10.00 am ET. The consensus is 4.200 million, while it was up 4.35 million in December. <\/p>\n
The Energy Information Administration or EIA’s Natural Gas Report for the week will be released at 10.30 am ET. In the prior week, the gas stock was down 360 bcf.<\/p>\n
Twenty-year Treasury bond announcement will be held at 11.00 am ET. <\/p>\n
The Fed Balance Sheet for the week will be issued at 4.30 pm ET. In the prior week, the Level was aat $6.606 trillion. <\/p>\n
Dallas Fed President Lorie Logan will give remarks before a Global Perspectives event hosted by the Federal Reserve Bank of Dallas at 7.00 pm ET. <\/p>\n
Fed Governor Stephen Miran will participate in conversation before a Global Perspectives event hosted by the Federal Reserve Bank of Dallas at 7.05 pm ET. <\/p>\n
Asian stocks ended mixed on Thursday. China’s Shanghai Composite index finished marginally higher at 4,134.02. Hong Kong’s Hang Seng index fell 0.86 percent to 27,032.54.<\/p>\n
Japanese markets<\/span> ended little changed. The Nikkei average finished marginally lower at 57,639.84. The broader Topix index settled 0.70 percent higher at 3,882.16.<\/p>\n Australian markets eked out modest gains. <\/p>\n<\/p>\n Business News<\/p>\n<\/div>\n