Economic Worries May Lead To Weakness On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 04 June 2024 09:12:29 [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 lower open on Tuesday, with stocks likely to move to the downside following the mixed performance seen in the previous session. Concerns about the outlook for the U.S. economy may weigh on the markets following yesterday?s disappointing manufacturing data. While economic weakness could prompt the Federal Reserve to lower interest rates in the coming months, the central bank has signaled it plans to keep rates at elevated levels until there is greater confidence inflation is slowing. A bigger than expected slowdown by the economy combined with high interest rates could prove troubling for stocks, which have recently reached record levels. On Friday, the Labor Department is scheduled to release its closely watched monthly job... [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 Commerce Department is scheduled to release its report on new orders for manufactured goods in the month of Apr... [Read More]( --------------------------------------------------------------- Europe European stocks have edged lower on Tuesday as investors look ahead to Thursday's European Central Bank meeting and the release of the all-important U.S. employment report on Friday for directional cues. In economic news, Germany's unemployment rate remained unchanged in April, according to the results of the labor force survey, published by Destatis earlier today. The unemployment rate held steady at adjusted 3.2 percent in April. The number of unemployed decreased only 1,000 or 0.1 percent to 1.42 million. The jobless r... [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 mixed on Tuesday, with Indian markets falling deep into the red as trends showed BJP falling below the majority mark in the Lok Sabha elections, contradicting the exit polls. Losses elsewhere remained capped as weak U.S. data rekindled hopes for interest rate cuts by the Federal Reserve this year. The U.S. dollar held steady against its major rivals in Asian trading after suffering large losses in the New York trading session overnight. Gold was modestly lower, while oil prices fell more than 1 percent,... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are slumping $1.15 to $73.07 a barrel after plunging $2.77 to $74.22 a barrel on Monday. 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