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Futures Pointing To Initial Strength On Wall Street

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advfn.co.uk

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newsdesk@advfn.co.uk

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Mon, Jun 3, 2024 02:12 PM

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Monday, 03 June 2024 09:45:15 US Market Bitcoin DAX Dow Jones Nasdaq The major U.S. index futures ar

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 03 June 2024 09:45:15 [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 Monday, with stocks likely to move to the upside following a weak performance last week. After turning in a mixed performance throughout much of the session, the major U.S. stock indexes all rallied going into the close of trading on Friday. The Dow showed a substantial move to the upside, bouncing off its lowest closing level in almost a month. The Dow surged 574.84 points or 1.5 percent to 38,686.32, while the S&P 500 advanced 42.03 points or 0.8 percent to 5,277.51 after spending most of the day in negative territory. The tech-heavy Nasdaq ended the day down 2.06 points or less than a tenth of a percent at 16,735.02 but showed a substantial recovery after tumbling by as much as 1.7 percent earlier in the session. For the week, the S&P 500 fell by 0.5 percent and the Dow and the Nasdaq slumped by 1.0 percent and 1.1 percen... [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]( The Institute for Supply Management is scheduled to release its report on manufacturing activity in the month of May at 10 am ET. T... [Read More]( --------------------------------------------------------------- Europe European stocks traded higher on Monday amid bets that the European Central Bank (ECB) will deliver its first interest-rate cut of the cycle on Thursday. Also helping underpin investor sentiment, Eurozone manufacturing PMI was finalized at 47.3 in May, up from April's 45.7 and reaching a 14-month high. Elsewhere, a survey by S&P Global showed manufacturing ... [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 rallied on Monday as soft U.S. inflation data revived rate cut hopes and a private survey showed China's factory activity grew the fastest in about two years in May due to production gains and new orders. Indian markets led regional gains as exit polls indicated Prime Minister Narendra Modi is likely to win a third consecutive term in office. If Modi wins, he will become the second Indian leader to retain power for a third term after Jawaharlal Nehru. The dollar began the week on a sluggish note while oil and gold prices were little changed i... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are inching up $0.18 to $77.17 a barrel after slumping $0.92 to 76.99 a barrel last Friday. 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

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