Futures Pointing To Roughly Flat Open On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 07 May 2024 09:45:00 [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 roughly flat open on Tuesday, with stocks likely to show a lack of direction after moving sharply higher over the past several sessions. Traders may take a breather on the heels of the advance seen during Monday?s session, which extended the rally seen to close out the previous week. The surge has lifted the major averages to their best levels in almost a month amid renewed optimism about the outlook for interest rates. Relatively dovish comments from Federal Reserve Chair Jerome Powell combined with weaker-than-expected job growth in April have largely eliminated short-lived concerns the Fed might actually consider raising rates. Investors have instead grown increasingly confident about a rate cut in the coming months, with the chances rates will be lower by September now at 8... [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]( Minneapolis Federal Reserve President Neel Kashkari is due to participate in a moderated conversation on the economic overview before the Mi... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Hims & Hers Health (HIMS) are moving sharply higher in pre-market trading after the telehealth company reported better than expected first quarter results and provided upbeat seco... [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.]( --------------------------------------------------------------- Europe European stocks have moved mostly higher on Tuesday as investors react to mostly positive regional economic data and encouraging bank earnings. German factory orders decreased 0.4 percent on a monthly basis in March, confounding expectations for an increase of 0.4 percent - according to data from Destatis. Nonetheless, the pace of decrease slowed from the revised 0.8 percent drop logged in February. A separate set of data showed that German exports gained 0.9 percent on a monthly basis in March, reversing a 1.6 percent decrease in February. Elsewhere, data from the customs office showed France's trade deficit drop... [Read More]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks advanced on Tuesday amid expectations that the U.S. Federal Reserve will start cutting interest rates later this year. The yen was under pressure, helping lift Japanese markets to a three-week high. The Aussie dollar slipped and bonds rallied as the Reserve Bank of Australia held interest rates steady as widely expected and sounded less hawkish on the policy outlook than many had feared. In China, data showed the country recorded high tourism figures during the Labour Day holiday, beating pre-pandemic levels. Shenzhen and Wuhan have further eased home purchase restrictions to boost sales as the property market slump continued over the May Day ... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are slipping $0.30 to $78.18 a barrel after rising $0.37 to $78.48 a barrel on Monday. 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