U.S. Stocks May Lack Direction In Early Trading

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Wednesday, 26 June 2024 10:10:02 [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 Wednesday, with stocks likely to show a lack of direction after ending the previous session mixed. U.S. stocks closed mixed on Tuesday after a cautious session, as investors looked ahead to the release of some crucial U.S. data, including a report on consumer income and spending, for more clarity about the outlook for Federal Reserve's interest rates. Among the major averages, the Dow settled with a loss of 299.05 points or 0.76 percent, at 39,112.16. The Nasdaq climbed up 220.84 points or 1.26 percent, to 17,7... [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 The Commerce Department is scheduled to release its report on new home sales in the month of May at 10 am ET. Economists expect new home sales to rise to an annual rate... [Read More]( --------------------------------------------------------------- Europe European stocks were moving higher on Wednesday as a rebound in tech stocks on Wall Street overnight outweighed hawkish comments from Federal Reserve officials. Investors also shrugged off the results of a closely watched survey that showed German consumer confidence is set to deteriorate in July as the economy struggles to gain momentum. After rising for four straight months, the consumer climate index dropped unexpectedly to -21.8 in July from -21.0 in June, the survey published jointly by... [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.]( --------------------------------------------------------------- Asia Asian stocks ended mostly higher on Wednesday as a rebound in tech stocks helped offset hawkish comments from Federal Reserve officials. Amid much uncertainty about the interest-rate outlook, investors braced for the release of key U.S. inflation reading, due later this week for directional cues. Federal Reserve governor Michelle Bowman has warned of upside risks to the inflation outlook and reiterated the need to keep borrowing costs elevated "for some time". Her counterpart Lisa Cook said that the timing of any rate adjustment will depend on how economic data evolve and what they imp... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are climbing $0.56 to $81.39 a barrel after falling $0.80 to $80.83 a barrel on Tuesday. Meanwhile, an oun... [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