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Futures Pointing To Roughly Flat Open On Wall Street

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advfn.co.uk

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newsdesk@advfn.co.uk

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Mon, Jun 24, 2024 03:44 PM

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Monday, 24 June 2024 11:25:57 US Market The major U.S. index futures are currently pointing to a rou

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 24 June 2024 11:25:57 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to extend the lackluster performance seen during last Friday?s session. Traders may be reluctant to make significant moves ahead of the release of some key U.S. economic data later in the week. On Friday, the Commerce Department is due to release its report on personal income and spending in the month of May, which includes readings on inflation said to be preferred by the Federal Reserve. The report, which is expected to show a modest slowdown by the annual rate of consumer price growth, could have a significant impact on the outlook for interest rates. Reports on new home sales, consumer confidence, durable goods orders and pending home sales may also attract attention in the coming days. Following the mixed performance seen in Thursday?s sessions, stocks showed a lack of direction over the course of the trading day on Friday. The major averages spent the day bouncing back and forth... [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]( --------------------------------------------------------------- Europe European stocks have moved mostly higher on Monday ahead of this week's U.S. presidential debate and France's snap parliamentary election. The dollar slipped and bond yields eased as investors await key U.S. inflation data and comments from Federal Reserve officials this week for clarity on the Fed's rate path. While the French CAC 40 Index has advanced by 0.8 percent, the German DAX Index is up by 0.5 percent and the U.K.?... [Read More]( --------------------------------------------------------------- Asia Asian stocks retreated on Monday as investors awaited U.S. inflation data and comments from Fed officials for additional clues on the outlook for interest rates. Upcoming French and U.K. elections and Thursday's clash between U.S. Democratic President Joe Biden and Republican former President Donald Trump also remained on investors' radar. Gold edged up on softer bond yields, while oil was marginally lower, extending declines from Friday on concerns of higher-for-longer interest rates. China's Shanghai Composite Index slumped 1.2 percent to 2,963.10 and the yuan hit a seven-mont... [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.]( --------------------------------------------------------------- Commodities Crude oil futures are inching up $0.18 to $80.91 a barrel after falling $0.56 to $80.73 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

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