Wall Street pre-bell Wednesday was leaning towards new records, with U.S. stock index futures pointing an opening bell up about 0.20% from Tuesday’s close. In Europe, the bourses are mixed with London higher but continental indexes down, and Asia closed mixed but higher.
In Tokyo, electronics-and-industrial giant Toshiba dropped 20.4%, its second double-digit down day consecutively, on news of large losses tied to its North American nuclear-power business. Qualcomm (QCOM) was issued an $865 million fine in South Korea for violating that nation’s competition laws; Qualcomm said the Seoul ruling “lacks a coherent theory of competition law violations.”
On the economic calendar, the National Association of Realtors releases its existing homes sales bulletin at 10:00 am E.T.The S&P CoreLogic Case-Shiller composite index of house prices in 20 metropolitan areas rose 5.1% in October YOY, reported on Tuesday.
In Europe, the British FTSE 100 is up 0.36%, but the Euronext 100 is off 0.15%, the French CAC 40 is off 0.08%, and the German DAX is off 0.03%.