Futures Pointing To Extended Rebound On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 10 September 2024 11:17:38 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to add to the strong gains posted in the previous session. Traders may continue to pick up stocks at somewhat reduced levels, as the major averages remain well off their recent highs even after yesterday?s rally. Optimism about the outlook for interest rates may also generate continued buying interest ahead of the Federal Reserve?s monetary policy meeting next week. The Fed is almost universally expected to begin lowering interest rates but there is some debate about the size of the rate cut. CME Group's FedWatch Tool is currently indicating a 73 percent chance th... [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 Federal Reserve Vice Chair for Supervision Michael Barr is scheduled to ... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Mission Producer (AVO) are soaring in pre-market trading after the avocado producer reported strong fiscal third quarter revenue grow... [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 were mixed on Monday after snapping a five-day losing streak the previous day. A cautious undertone prevailed ahead of the televised U.S. presidential debate later today and U.S. inflation readings due later in the week that could influence the interest rate outlook. Analysts remain divided over whether the Federal Reserve will deliver a regular 25 basis point (bps) rate cut or an outsized 50 bps cut at its September 17-18 policy meeting. Meanwhile, German consumer price inflation weakened, as initially estimated, in August due to falling energy prices, final data from Destatis showed today. Consumer price inflatio... [Read More]( --------------------------------------------------------------- Asia Asian stocks ended Tuesday's session on a mixed note after the U.S. government proposed new sanctions on Chinese biotech firms. Investors digested Chinese trade data and looked ahead to the release of key U.S. consumer and producer inflation readings this week for additional clues on the size of a potential rate cut by the Federal Reserve at its meeting next week. Investor attention was also focused on the first U.S. Presidential debate between Kamala Harris and Donald Trump to be held at the National Constitution Center in Philadelphia, Pennsylvania, later today. The dollar hovered near a one-week high in Asian trading, weighing on gold prices. Oil dipped as worries about Chinese demand offset supply disruptions from Tropical Storm Francine. C... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are sliding $0.78 to $67.93 a barrel after jumping $1.04 to $68.71 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