U.S. Stocks May Move Back To The Downside In Early Trading

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 11 June 2024 09:16:12 [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 back to the downside after ending the previous session modestly higher. Traders may look to cash in on yesterday?s slim gains, which lifted the Nasdaq and the S&P 500 to new record closing highs. Overall trading activity is likely to remain relatively subdued, however, as investors look ahead to two major economic events on Wednesday. Early trading on Wednesday is likely to be driven by reaction to the Labor Department?s closely watched report on consumer price inflation in the month of May. Economists expect consumer prices to inch up by 0.1 percent in May after climbing by 0.3 percent in April, while core consumer prices, which exclude food and energy prices, are expected to increase by 0.3 percent for the second st... [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 Treasury Department is schedul... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Calavo Growers (CVGW) are surging in pre-market trading after the farming company reported fiscal second quarter results that exceeded anal... [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 lower on Tuesday as investor focus shifts to Wednesday's U.S. consumer price data and the Federal Reserve?s interest rate decision. The Fed is widely expected to leave interest rates unchanged, but traders will pay close attention to officials' updated projections for the economy and rates. Meanwhile, the latest employment data from the U.K. painted a mixed picture of the economy. The U.K. unemployment rate ticked up to 4.4 percent from 4.3 percent in the three months to April, the highest rate since Septembe... [Read More]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks ended mostly lower on Tuesday as gains by the far right in voting for the European Parliament added uncertainty to the EU's political landscape and investors awaited key U.S. inflation data and the outcome of the Federal Reserve's policy meeting. Market participants see diminished prospects for easing this year, with many analysts expecting the first rate cut by the Federal Reserve only in November. The dollar held in a tight range and gold held near one-month lows, while oil edged down slightly after Monday's 3 percent rally o... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are slipping $0.30 to $77.44 a barrel after surging $2.21 to $77.74 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