Futures Pointing To Roughly Flat Open On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 17 June 2024 11:53:59 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market Bitcoin [Bitcoin]( DAX [DAX]( Dow Jones [Dow Jones]( Nasdaq [Nasdaq]( The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to continue to show a lack of direction after ending last Friday?s trading little changed. Traders may stick to the sidelines as they take a moment to assess the recent activity in the markets and the near-term outlook. The Nasdaq and the S&P 500 set new record highs last week and posted strong weekly gains, while the narrower Dow moved lower for the third time in the last four weeks. Investors may also be reluctant to make significant moves ahead of the release of some key economic data in the coming days. Reports on retail sales and industrial production are likely to be in the spotlight, while reports on homebuilder confidence, housing starts and existing home sales may also attract attention. The upcoming Juneteenth holiday may also lead to lighter than usual trading activity, as the markets will be closed on Wednesday. Stocks saw modest weakness throughout much of the trading session on Friday but recovered to end the day roughly flat. The tech-heavy Nasdaq bounced back and forth across the ... [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 CADUSD [CADUSD]( Oil [Oil]( Gold [Gold]( EURUSD [EURUSD]( New York manufacturing activity contracted at a notably slower rate in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed sai... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Autodesk (ADSK) are moving sharply higher in pre-market trading after a report from the Wall Street Journal said activist investor Starboard... [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 flat to slightly higher on Monday after falling sharply last week on concerns that a new government in France may worsen the country's fiscal situation and threaten the stability of the euro zone. French government bonds won some respite after Marine Le Pen, the leader of the French far right, said she would co-operate with President Emmanuel Macron if she wins the snap parliamentary election that begins later this month. In addition, European Central Bank policymakers reportedly said they had no plans to launc... [Read More]( --------------------------------------------------------------- Asia USDCAD [USDCAD]( USDEUR [USDEUR]( USDGBP [USDGBP]( USDJPY [USDJPY]( Asian stocks ended mostly lower on Monday as worries grew over Europe's political stability and China reported mixed economic data. The dollar held firm, keeping oil and gold prices under pressure in Asian trading. Central banks in Australia, Norway and the U.K. are all expected to hold rates steady at this week's meetings, while another 25 basis point rate cut is expected from the Swiss National Bank (SNB). Chinese stocks fell as a slew of economic data underlined the country's bumpy recovery and the People's Bank of China (PBOC) left a key policy rate unchanged, disappointing some who had expected a rate c... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are climbing $0.50 to $78.95 a barrel after slipping $0.17 to $78.45 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