Futures pointing to positive start for U.S. stocks

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Wednesday, 12 October 2022 09:17:23 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( [3 Dividend Stocks to Buy and Hold Forever]( I've dug through the over 3,000 dividend stocks on the market to pinpoint 3 stocks I believe you should buy and hold forever and I expect them to increase their dividend payouts in the years to come?so BUYING NOW means you could be picking up shares at an amazing price. [See these 3 stocks now.]( --------------------------------------------------------------- US Market Bitcoin [Bitcoin]( DAX [DAX]( Dow Jones [Dow Jones]( Nasdaq [Nasdaq]( Higher U.S. index futures are pointing to a positive start of U.S. stocks on Wednesday, although the mood is likely to remain somewhat cautious with investors looking ahead to the crucial inflation data later this week. The Dow futures are rising 0.56 percent, the S&P futures are up 0.72 percent, and the Nasdaq futures are climbing nearly 1 percent. The inflation data is likely to provide clues about the Federal Reserve's take on interest rate hikes at its upcoming meetings. The major averages ended on a mixed note on Tuesday. Stocks recovered gradually after a weak start, and after emerging into positive territory, faltered again as the day progressed amid rising worries about interest rates and economic slowdown. A downward revision in global growth forecast by the International Monetary Fund weighed as well. Stocks faltered past mid afternooon after the Bank of England said that its market intervention will be over soon, and that pension funds have just three days to rebalance positions. The Dow, which climbed to 29,608.48, rising more than 530 points from an early low of 29,202.23, finally ended the session with a gain of 36.31 points or 0.12 percent at 29,239.19. The S&P 500 settled at 3,588.84, down 23.55 points or 0.65 percent from the previous close. The Nasdaq settled at 10,426.19, down 115.91 points or 1.1 percent, as U.S. Treasury yields climbed to 3.933 percent, rising from a low of 3.8740%. Meta Platforms share shed more than 4 percent following a rating downgrade due to challenging microeconomic environment. JP Morgan Chase dropped 2.8 percent. Salesforce.com, Goldman Sachs, Walt Disney, Visa, Microsoft and Verizon lost 1.2 to 2.2 percent. Amgen climbed nearly 6 percent, buoyed by a rating upgrade of the stock to 'overweight' by Morgan Stanley. U.S. inflation data, minutes from the Fed's September meeting and reports on retail sales and consumer sentiment due this week will provide more insights into policymakers' view of where inflation stands and the outlook for the future path of interest rates. The Energy Information Administration's data on crude oil inventories for the week ended October 7th is due at 10:30 AM ET. --------------------------------------------------------------- [Our Best Stock Pick Every Day]( Stop wasting time scouring for stock picks. Get daily crystal-clear RANKINGS from 1-10 and EXPERT ANALYSIS of the most popular stocks to rare finds directly to your inbox when you sign up for The Spill. [Sign up today]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks ended on a mixed note on Wednesday after recent string of losses on worries about slowing growth and the impact of rising interest rates on corporate profits. The IMF's warning of a severe global recession hurt. Chinese shares moved up sharply, buoyed by data that showed new bank lending in the country nearly doubled in September from the previous month. The Shanghai Composite Index climbed 1.53 percent. Hong Kong's Hang Seng Index ended 0.78 percent down, after a choppy session. Japan's Nikkei average closed slightly down, while the broader Topix ended lower by 0.12 percent. South Korea's KOSPI surged 0.47 percent. Australia's S&P/ASX 200 edged up marginally, while the All Ordinaries Index settled little changed with a slightly negative bias. --------------------------------------------------------------- [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 West Texas Intermediate Crude oil futures for November are up $0.30 or 0.34 percent at $89.65 a barrel. Gold futures for December are down $11.60 or about 0.7 percent at $1,674.60 an ounce. On the currency front, the U.S. dollar is trading at 146.63 yen, gaining more than 0.5 percent. Against the Euro, the dollar is trading at 0.9705, little changed from the previous close. The greenback is trading at 1.1049 against Pound Sterling, compared with 1.0968 on Tuesday. --------------------------------------------------------------- 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