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Futures Pointing To Initial Rebound On Wall Street

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advfn.co.uk

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newsdesk@advfn.co.uk

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Fri, May 24, 2024 01:18 PM

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Friday, 24 May 2024 09:11:57 US Market Bitcoin DAX Dow Jones Nasdaq The major U.S. index futures are

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Friday, 24 May 2024 09:11:57 [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 higher open on Friday, with stocks likely to move back to the upside after coming under pressure over the course of the previous session. Traders may look to pick up stocks at somewhat reduced levels following the downturn seen on Thursday, which saw the Dow post its worst daily drop since March 2023. The weakness that emerged on Wall Street in the previous session came as a positive reaction to earnings news from Nvidia (NVDA) was overshadowed by lingering concerns about the outlook for interest rates. Overall trading activity may be somewhat subdued, however, as some traders look to get a head start on the long Memorial Day weekend. On the U.S. economic front, the Commerce Department released a report showing an unexpected increase in durable goods orders in the month of A... [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]( New orders for U.S. manufactured durable goods unexpectedly increased in the month of April, according to a report released by the Commerce Department on Friday, although the growth came following a significantly downwardly revised jump in March. The report said durable goods or... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Deckers Outdoor (DECK) are soaring in pre-market trading after the footwear and apparel company reported better than expected fiscal fourth qua... [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 fallen in cautious trading on Friday, as U.S. rate jitters along with growing tensions between China and Taiwan sapped investors' appetite for risk. In economic news, the German economy expanded as initially estimated in the first quarter, underpinned by rebounding investment and exports, data from Destatis revealed. GDP expanded 0.2 percent sequentially in the first quarter, in contrast to the 0.5 percent decrease in the preceding three months. On a yearly bas... [Read More]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks retreated on Friday as robust U.S. economic data stoked concerns about sticky inflation and the Federal Reserve's rate path. Hawkish comments from another Federal Reserve official also weighed on investor sentiment. Chinese markets fell notably to extend declines from the prior session as a trade war with the U.S. escalated and the Chinese military dispatched bombers armed with live missiles for mock strikes as part of its Taiwan drill... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are slipping $0.24 to $76.63 a barrel after falling $0.70 to $76.87 a barrel on Thursday. Meanwhile, a... [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

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