Choppy Trading Likely To Persist On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Thursday, 09 May 2024 09:20:51 [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 roughly flat open on Thursday, with stocks likely to extend the lackluster performance seen over the two previous sessions. The futures had been pointing to a modestly lower open but regained ground following the release of a report from the Labor Department showing a much bigger than expected increase by first-time claims for U.S. unemployment benefits in the week ended May 4th. The report said initial jobless claims climbed to 231,000, an increase of 22,000 from the previous week's revised level of 209,000. Economists had expected jobless claims to inch up to 210,000 from the 208,000 originally reported for the previous week. With the much bigger than expected increase, jobless claims reached their highest level since hitting 234,000 in week ended August 26th. The data may add to recently renewed optimism t... [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]( First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended May 4th, according to a report released by the Labor Department on Thursday. The report sai... [Read More]( --------------------------------------------------------------- Europe European stocks are mostly higher during trading on Thursday after the the Bank of England maintained its key policy rate for the sixth consecutive meeting on Thursday. The Monetary Policy Committee decided to hold the Bank Rate at 5.25 percent again in a split vote. The current bank rate is the highest since early 2008. While seven members judged t... [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 ended mostly lower on Thursday, even as Chinese and Hong Kong markets advanced on the back of strong trade data. A cautious undertone prevailed as uncertainty over Fed rate cuts deepened, and fighting and bombardment continued on the outskirts of the southern Gaza city of Rafah. The dollar traded firm on hawkish Fed comments, while oil and gold prices saw modest gains in Asian trading. Mainland China and Hong Kong markets outperformed as customs office data showed Chinese exports rebounded more than expected in April. Exports advanced 1.5 percent on a yearly basis in April, faster th... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are rising $0.53 to $79.52 a barrel after climbing $0.61 to $78.99 a barrel on Wednesday. Meanwhile, ... [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