Futures Point To Higher Opening On Wall Street


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(RTTNews.com) - The Current Account Deficit is the major data to be released today. Initial trading pattern in the U.S. Futures Index suggest that Wall Street might open modestly higher. Asian shares closed mostly lower, while European shares are trading in the green.

As of 6.15 am ET, the Dow futures were adding 8 points, the S&P 500 futures were up 0.25 points and the Nasdaq 100 futures were progressing 9.25 points.

U.S. stocks closed higher on Monday. The Dow climbed 144.71 points or 0.7 percent to 21,528.99, the Nasdaq surged up 87.25 points or 1.4 percent to 6,239.01 and the S&P 500 advanced 20.31 points or 0.8 percent to 2,453.46.

Federal Reserve Vice Chairman Stanley Fischer will deliver keynote speech at the DNB-Riksbank Macroprudential Conference Series in Amsterdam at 3.15 am ET. Boston Federal Reserve Bank President Eric Rosengrenf will speak about "Bad zero: Financial Stability in a Low Interest Rate Environment" at the DNB-Riksbank Macroprudential Conference Series in Amsterdam at 8.15 am ET.

In the corporate sector, Airline leasing company Avolon Tuesday said it signed a memorandum of understanding with Boeing for 75 Boeing 737 MAX 8 aircraft an option for further 50 Boeing 737 MAX 8 aircraft. The MoU, signed at the Paris Air Show, is valued at $8.4 billion at current list prices. The delivery is scheduled from 2021 onwards.

Orange ( ORAN ) said it has launched the sell-down of approximately 133 million shares that its subsidiary Atlas Services Belgium owns in BT, representing around 1.33 percent of the share capital of BT Group plc, through a private placement by way of an accelerated bookbuilt offering.

Asian stocks finished mostly lower on Tuesday. China's Shanghai Composite index slid 4.36 points or 0.14 percent to 3,140.01 while Hong Kong's Hang Seng index closed 81.51 points or 0.31 percent lower at 25,843.04.

Japanese shares rallied as the dollar extended gains against the yen and tech stocks followed their Wall Street peers higher. The Nikkei average ended up 162.66 points or 0.81 percent at 20,230.41. The broader Topix index climbed 0.70 percent to 1,617.25.

Australian shares fell. The benchmark S&P/ASX 200 index was down 47.90 points or 0.83 percent to 5,757.30, with banks and property developers bearing the brunt of the selling. The broader All Ordinaries index shed 43.20 points or 0.74 percent to finish at 5,792.30. EUROPE

European shares are trading higher. CAC 40 of France is up 21.34 points or 0.40 percent. DAX of Germany is climbing 37.91 points or 0.29 percent. FTSE 100 of England is up 4.53 points or 0.06 percent. Swiss Market Index is progressing 25.50 points or 0.28 percent.

Euro Stoxx 50 that provides a Blue-chip representation of supersector leaders in the Eurozone is currently up 0.30 percent.

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This article appears in: Stocks , World Markets , Politics
Referenced Symbols: BA , BT , ORAN


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