U.S. Stocks May See Further Upside In Early Trading

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 29 April 2024 11:06:14 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market Bitcoin [Bitcoin]( DAX [DAX]( Dow Jones [Dow Jones]( Nasdaq [Nasdaq]( The major U.S. index futures are currently pointing to a modestly higher open on Monday, with stocks likely to see further upside following the rally to close out the previous week. Stocks may continue to benefit from the upward momentum seen last week, which came amid a positive reaction to upbeat tech earnings. Trading activity may be somewhat subdued, however, as traders look ahead to the Federal Reserve?s monetary policy announcement on Wednesday. The Fed is widely expected to leave interest rates unchanged, but the accompanying statement and Fed Chair Jerome Powell?s post-meeting press conference may shed additional light on the outlook for rates. Recent economic data has tamped down expectations of a near-term rate cut, with the central bank now seen as likely to leave rates unchanged until at least September. Traders may also stick to the sidelines ahead of the release of an avalanche of earnings news this week along with the Labor Department?s closely watched monthly jobs report. Stocks moved sharply higher during trading on Friday, largely offsetting the weakness seen during Thursday's session. The major averages all moved to the upside on the day, ... [Read More]( --------------------------------------------------------------- Do you day trade? Trader Alerts streams stocks reaching new highs and lows as well as stocks breaking out of previous volume highs as they happen. It's a powerful tool for day trading ideas. [Learn More / Upgrade]( --------------------------------------------------------------- U.S. Economic Reports CADUSD [CADUSD]( Oil [Oil]( Gold [Gold]( EURUSD [EURUSD]( No major U.S. economi... [Read More]( --------------------------------------------------------------- Europe European stocks have eked out modest gains on Monday as investors await the Federal Reserve's policy decision later in the week. While the German DAX Index is nearly unchanged, the French CAC 40 Index is up by 0.1 percent and the U.K.?s FTSE 100 Index is up by 0.4 percent. In corporate news, Spain's BBVA declined 1.4 percent despite beating estimates in the first quarter and raising its profit guidance for 2024. Mining giant Anglo American rose 1.3 perc... [Read More]( --------------------------------------------------------------- [Sell every Stock except ONE]( Markets are down... But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month... [Ticker Revealed.]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks rose in thin trading on Monday, with Japanese markets closed for a holiday. Traders looked ahead to the Federal Reserve's policy meeting on Wednesday after the central bank's preferred inflation gauge largely met expectations. No change in interest rates is expected, but the post-meeting statement as well as Chair Jerome Powell's press conference may give hints about interest rate moves to come. The yen surged after briefly hitting 160 against th... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are falling $0.60 to $83.25 a barrel after rising $0.28 to $83.85 a barrel last Friday. Meanwhile, aft... [Read More]( --------------------------------------------------------------- To unsubscribe from this news bulletin or edit your mailing list settings click [here](. Registered Office/Accounts Dept: Suite 27, Essex Technology Centre, The Gable, Fyfield Road, Ongar, CM5 0GA. Customer Support +1 888-992-3836. Company registered in England and Wales: Number 2374988 VAT No. GB 549 2130 49