US stock futures trade with minor increase; Dow, NASDAQ Slump

January 07 13:45 2014

us stock.jpg newWorld, Tuesday, January 7 – Since investors wait for Federal Reserve minutes due January 8 and a monthly employment report on January 10, due to this, Wall Street stock futures were trading with minor augments today during early morning trade.

By nearly 0.2 percent, Standard & Poor’s 500 index futures, Dow Jones industrial average index futures and NASDAQ index futures were a bit higher prior to the opening bell.

Detailing it further, US stocks market began the week with minute losses. By 0.3 percent and 0.4 percent, the Dow and the Nasdaq composite skidded to 16,425.10 and 4,113.68, respectively, on the first working day of the week. Story was no different for the S&P 500, which moved down by 0.3 percent to 1,826.77.

On the other hand, in electronic trading on the New York Mercantile Exchange, Benchmark oil for delivery in the coming month was higher by 21 cents per barrel to $93.63. However, by 53 cents, the contract slipped to end at $93.43 yesterday.

At the same time as Hong Kong’s Hang Seng benchmark toted up 0.1 percent to 22,704.23, Japan’s Nikkei 225 index plunged by 0.6 percent to 15,810.46 in Asia. Adding more to the point, Shanghai composite index of China overturned augments to sink by 0.2 percent to 2,042.38.