U.S. Stocks May Add To Yesterday?s Gains In Early Trading

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Thursday, 22 August 2024 10:56:14 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a modestly higher open on Thursday, with stocks likely to add to yesterday?s gains in early trading. The markets may continue to benefit from optimism about the outlook for interest rates following the release of the minutes of the Federal Reserve?s latest monetary policy meeting on Wednesday. The minutes reinforced expectations of a rate cut next month, as a "vast majority" of participants said it would "likely be appropriate" to lower rates at the next meeting if inflation data continued to come in "about as expected." Trading activity may be somewhat subdued, however, as the Kansas City Fed?s Jackson Hole Economic Symposium gets underway later in the day. Fed Chair Jerome Powell is scheduled to speak at the symposium in Jackson Hole, Wyoming, on Friday, with traders looking for the central bank chief?s comments to provide further clarity about the outlook for rates. Ahead of Powell?s remarks, CME Group's FedWatch Too... [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 After reporting decreases by first-time claims for U.S. unemployment benefits over the two previous weeks, the Labor Department released a report on Thursday showing a modest rebound by initial jobless claims in the week ended August 17th. The report said initial job... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Advance Auto Parts (AAP) are plummeting in pre-market trading after the auto parts retailer reported weaker than expected fiscal second quarter earnings and lowered its full-year guidance. AI Data ... [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 are modestly higher on Thursday as a survey showed the Eurozone manufacturing PMI fell from 45.8 to an 8-month low of 45.6 in August, reinforcing investor bets on a September ECB rate cut. Overall business activity showed surprising strength in August, as a strong rebound in the bloc's dominant services industry offset a deeper downturn among manufacturers. Elsewhere, Britain's private sector companies reported their strongest growth in four... [Read More]( --------------------------------------------------------------- Asia Asian shares rose broadly on Thursday, though a cautious undertone prevailed ahead of the annual conference of central bankers in Jackson Hole, Wyoming, where Fed Chair Jerome Powell may provide important clues on the outlook for U.S. monetary policy. Investors are waiting for fresh clues about how deeply and quickly the U.S. central bank will begin cutting interest rates in September. China's Shanghai Composite Index dipped 0.3 percent to 2,848.77 as trade tensions flared up. China launched an anti-subsidy investigation into... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are inching up $0.11 to $72.04 a barrel after slumping $1.24 to $71.93 a barrel on Wednesday. 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