Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures were fluctuating on Wednesday following Tuesday’s declines. Futures of major benchmark indices were trading mixed.
President Donald Trump signed an executive order targeting a fourfold increase in domestic nuclear power production over 25 years. The initiative has provided bipartisan support for nuclear energy after decades of stagnation.
Meanwhile, Treasury Secretary Scott Bessent highlighted the potential economic upsides of the tariffs, predicting that the revenue surge from duties could significantly lift the U.S. economy. “Every $300B adds 1% to GDP,” he said, adding, “With tariffs alone, growth could hit 5%.”
Also, according to the recommendations shared by the President’s Working Group on Digital Asset Markets, the Securities and Exchange Commission and the Commodity Futures Trading Commission announced a joint initiative on Tuesday to streamline the trading process of cryptocurrency assets.
The 10-year Treasury bond yielded 4.29% and the two-year bond was at 3.66%. The CME Group’s FedWatch tool‘s projections show markets pricing a 91.7% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.
| Futures | Change (+/-) |
| Dow Jones | -0.04% |
| S&P 500 | 0.42% |
| Nasdaq 100 | 0.63% |
| Russell 2000 | -0.30% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.52% at $643.57, while the QQQ advanced 0.75% to $569.87, according to Benzinga Pro data.
Cues From Last Session
Most sectors on the S&P 500 closed on a negative note, with industrials, real estate and information technology stocks recording the biggest losses on Tuesday.
However, energy and health care stocks bucked the overall market trend, closing the session higher. U.S. stocks settled lower overall.
All major indices recorded gains for August. The 30-stock Dow gained more than 3% in August, while the S&P 500 recorded around a 2% surge. The tech-heavy Nasdaq also gained around 1.6% during the month.
On the economic front, the S&P Global manufacturing PMI came in at 53.0 in August, compared to the preliminary reading of 53.3 and versus 49.8 in July.
U.S. construction spending declined by 0.1% month-over-month to an annual rate of $2,139.1 billion in July. The ISM manufacturing …
Full story available on Benzinga.com
Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures were fluctuating on Wednesday following Tuesday’s declines. Futures of major benchmark indices were trading mixed.
President Donald Trump signed an executive order targeting a fourfold increase in domestic nuclear power production over 25 years. The initiative has provided bipartisan support for nuclear energy after decades of stagnation.
Meanwhile, Treasury Secretary Scott Bessent highlighted the potential economic upsides of the tariffs, predicting that the revenue surge from duties could significantly lift the U.S. economy. “Every $300B adds 1% to GDP,” he said, adding, “With tariffs alone, growth could hit 5%.”
Also, according to the recommendations shared by the President’s Working Group on Digital Asset Markets, the Securities and Exchange Commission and the Commodity Futures Trading Commission announced a joint initiative on Tuesday to streamline the trading process of cryptocurrency assets.
The 10-year Treasury bond yielded 4.29% and the two-year bond was at 3.66%. The CME Group’s FedWatch tool‘s projections show markets pricing a 91.7% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.
| Futures | Change (+/-) |
| Dow Jones | -0.04% |
| S&P 500 | 0.42% |
| Nasdaq 100 | 0.63% |
| Russell 2000 | -0.30% |
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.52% at $643.57, while the QQQ advanced 0.75% to $569.87, according to Benzinga Pro data.
Cues From Last Session
Most sectors on the S&P 500 closed on a negative note, with industrials, real estate and information technology stocks recording the biggest losses on Tuesday.
However, energy and health care stocks bucked the overall market trend, closing the session higher. U.S. stocks settled lower overall.
All major indices recorded gains for August. The 30-stock Dow gained more than 3% in August, while the S&P 500 recorded around a 2% surge. The tech-heavy Nasdaq also gained around 1.6% during the month.
On the economic front, the S&P Global manufacturing PMI came in at 53.0 in August, compared to the preliminary reading of 53.3 and versus 49.8 in July.
U.S. construction spending declined by 0.1% month-over-month to an annual rate of $2,139.1 billion in July. The ISM manufacturing …
Full story available on Benzinga.com
Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.
U.S. stock futures were fluctuating on Wednesday following Tuesday’s declines. Futures of major benchmark indices were trading mixed.
President Donald Trump signed an executive order targeting a fourfold increase in domestic nuclear power production over 25 years. The initiative has provided bipartisan support for nuclear energy after decades of stagnation.
Meanwhile, Treasury Secretary Scott Bessent highlighted the potential economic upsides of the tariffs, predicting that the revenue surge from duties could significantly lift the U.S. economy. “Every $300B adds 1% to GDP,” he said, adding, “With tariffs alone, growth could hit 5%.”
Also, according to the recommendations shared by the President’s Working Group on Digital Asset Markets, the Securities and Exchange Commission and the Commodity Futures Trading Commission announced a joint initiative on Tuesday to streamline the trading process of cryptocurrency assets.
The 10-year Treasury bond yielded 4.29% and the two-year bond was at 3.66%. The CME Group’s FedWatch tool‘s projections show markets pricing a 91.7% likelihood of the Federal Reserve cutting the current interest rates for the Sept. 17 decision.
Futures
Change (+/-)
Dow Jones
-0.04%
S&P 500
0.42%
Nasdaq 100
0.63%
Russell 2000
-0.30%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.52% at $643.57, while the QQQ advanced 0.75% to $569.87, according to Benzinga Pro data.
Cues From Last Session
Most sectors on the S&P 500 closed on a negative note, with industrials, real estate and information technology stocks recording the biggest losses on Tuesday.
However, energy and health care stocks bucked the overall market trend, closing the session higher. U.S. stocks settled lower overall.
All major indices recorded gains for August. The 30-stock Dow gained more than 3% in August, while the S&P 500 recorded around a 2% surge. The tech-heavy Nasdaq also gained around 1.6% during the month.
On the economic front, the S&P Global manufacturing PMI came in at 53.0 in August, compared to the preliminary reading of 53.3 and versus 49.8 in July.
U.S. construction spending declined by 0.1% month-over-month to an annual rate of $2,139.1 billion in July. The ISM manufacturing …Full story available on Benzinga.com Read MoreBURU, CPB, CRM, DLTR, Earnings, Equities, GEG, GOOG, HQY, NI, NIO, QQQ, SIG, SPY, ZS, Pre-Market Outlook, Markets, Trading Ideas, SPY, US78462F1030, DLTR, US2567461080, GOOG, US38259P7069, CPB, US1344291091, CRM, US79466L3024, GEG, NI, US65473P1057, SIG, BMG812761002, QQQ, US73935A1043, HQY, ZS, NIO, BURU, Earnings, Equities, Pre-Market Outlook, Markets, Trading Ideas, Benzinga Markets





