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Futures Pointing To Modestly Lower Open On Wall Street

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advfn.co.uk

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newsdesk@advfn.co.uk

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Tue, Aug 27, 2024 02:12 PM

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Tuesday, 27 August 2024 09:51:09 US Market The major U.S. index futures are currently pointing to a

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 27 August 2024 09:51:09 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a modestly lower open on Tuesday, with stocks likely to move to the downside following the mixed performance seen in the previous session. The Dow futures are down by 0.2 percent, as the blue chip index is likely to give back ground after reaching record highs in the previous session. Traders may also look to cash in on recent strength in the broader markets ahead of the release of closely watched inflation data later in the week. The Commerce Department is scheduled to release its report on personal income and spending in the month of July, which includes readings on inflation said to be preferred by the Federal Reserve, on Friday. Economists currently expected the report to show the annual rate of consumer price growth was unchanged at 2.5 percent, while the annual rate of core consumer price i... [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 Standard & Poor's is scheduled to release its report on home prices in major metropolitan areas in the June of May at 9 am ... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Trip.com (TRIP) are moving sharply higher in pre-market trading after the China-based travel company reported better-than-expected second-quarter results. Chine... [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 edged up slightly on Tuesday ahead of key U.S. inflation figures and earnings from AI darling Nvidia due later in the week. French politics were in focus after President Emmanuel Macron refused to name a prime minister from the left-wing New Popular Front alliance (NFP), which won the most seats in last month's snap election. In economic news, the German economy contracted, as initially estimated, in the second quarter due to weak household consumption and investment, official data revealed. GDP fell 0.1 percent sequentially, in ... [Read More]( --------------------------------------------------------------- Asia Asian stocks fell broadly on Tuesday as investors waited for looming U.S. inflation figures and earnings from AI darling Nvidia. Increased tensions in the Middle East and the Canadian government's action to impose a large tax on Chinese-made electric vehicles also checked risk sentiment. The dollar strengthened and Treasuries held steady ahead of PCE inflation data due later in the week that might show that U.S. consumer price increases continued to run cool in July. Oil and gold prices were... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are falling $0.62 to $76.80 a barrel after surging $2.59 to $77.42 a barrel on Monday. Meanwhile, af... [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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