U.S. Stocks May Extend Rebound As Inflation Data Looms

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 12 August 2024 11:17:27 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to extend the rebound seen over the past several sessions. Easing concerns about the outlook for economy may lead to continued buying on Wall Street following the steep drop seen earlier this month. Overall trading activity may be somewhat subdued, however, as traders look ahead to the release of several key economic reports later this week. The Labor Department is scheduled to release reports on producer and consumer price inflation on Tuesday and Wednesday, respectively, with the data likely to impact the outlook for interest rates. The Federal Reserve is widely expected to cut interest rates next month, with CME Group?s FedWatch Tool currently indicating a split regardi... [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]( --------------------------------------------------------------- Europe European stocks are slightly higher in cautious trading on Monday, with investors digesting regional earnings updates and German wholesale prices data and awaiting inflation data from the U.K. and U.S. due later in the week. While the French CAC 40 Index is down by 0.1 percent, the German DAX Index is up by 0.2 percent and the U.K.?s FTSE 100 Index is up by 0.4 percent. In the German market, Rhienmetall shares are up more than 7.5 percent after the company said that it has been commissioned to supply main battle tanks and armoured recovery vehi... [Read More]( --------------------------------------------------------------- Asia Sentiment improved in Asian markets on Monday amidst an assessment that concerns about economic growth in the U.S. were overdone. Anxiety ahead of the CPI data due from the U.S. on Wednesday limited gains. Markets in Japan were closed for a holiday. China's Shanghai Composite Index shed 0.1 percent to finish trading at 2,858.20. The day's trading ranged between 2,869.27 and 2,851.30. The Shenzhen Component Index also declined 0.2 percent to close at 8,373.47. The Hang Seng Index of the Hong Kong Stock Exchange added 21 points or 0.1 percent from the pr... [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.]( --------------------------------------------------------------- Commodities Crude oil futures are jumping $0.86 to $77.70 a barrel after climbing $0.65 to $76.84 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