The initial indicators from the U.S. Futures Index suggest that Wall Street is poised for a generally lower opening on Thursday. During the Asian trading session, the dollar saw a decline, gold prices remained stable, and oil prices experienced a drop.
Investor sentiment remains notably influenced by President Trump's rapid decisions and policy pronouncements.
In Asia, markets concluded mostly in negative territory, while European markets exhibited a general upward trend.
As of 7:35 a.m. ET, futures for the Dow were up 74.00 points, whereas the S&P 500 futures fell by 6.00 points, and the Nasdaq 100 futures declined by 98.75 points.
Wednesday saw major U.S. stock averages closing strongly. The Dow rose by 130.92 points or 0.3%, concluding at 44,156.73. The S&P 500 gained 37.13 points or 0.61%, closing at 6,086.37, and the Nasdaq increased by 252.56 points or 1.28%, reaching 20,009.34.
On the economic calendar, Jobless Claims for the week are expected to be released at 8:30 a.m. ET, with a projected increase to 218K, compared to the 217K noted in the previous week.
The Energy Information Administration (EIA) plans to release its Natural Gas Report at 10:30 a.m. ET. Last week, gas stocks decreased by 258 billion cubic feet. EIA's Petroleum Status Report is due at 12:00 p.m. ET, previously reporting a 2.0 million barrel decrease in crude oil inventories and a 5.9 million barrel increase in gasoline inventories.
A Treasury Inflation-Protected Securities (TIPS) auction for the ten-year term will occur at 1:00 p.m. ET, and the Federal Reserve's Balance Sheet for the week will be disclosed at 4:30 p.m. ET, having stood at $6.854 trillion in the prior week.
Asian markets showed mixed results on Thursday. China's Shanghai Composite Index increased by 0.51% to 3,230.16, whereas Hong Kong's Hang Seng Index fell by 0.40% to 19,700.56.
Japanese markets saw significant gains, with the Nikkei average increasing by 0.79% to 39,958.87, and the broader Topix index rising by 0.53% to 2,751.74.
Australian markets, however, declined, with the S&P/ASX 200 falling by 0.61% to 8,378.70, and the All Ordinaries index decreasing by 0.59% to 8,629.10.
In Europe, shares are predominantly trading higher. France's CAC 40 rose by 32.60 points or 0.42%, Germany's DAX added 60.80 points or 0.29%, and England's FTSE 100 advanced by 5.99 points or 0.07%. The Swiss Market Index increased by 14.98 points or 0.12%.
Conversely, the Euro Stoxx 50, representing leading supersector companies in the Eurozone, experienced a slight decline of 0.049%.
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