Slump By Micron May Weigh On Wall Street

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Thursday, 27 June 2024 11:57:39 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a slightly lower open on Thursday, with stocks likely to give back ground after moving mostly higher over the two previous sessions. A slump by shares of Micron Technology (MU) may weigh on the markets, as the chipmaker is tumbling by 4.4 percent in pre-market trading. The steep drop by Micron comes after the company reported better than expected fiscal third quarter results but provided guidance that disappointed investors. Shares of Walgreens Boots Alliance (WBA) are also seeing significant pre-market weakne... [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 A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended June 22nd. The Labor Department said initial jobless claims dropped to 233,000, a decrease of 6,000 from the previous week's revised level of 239,000. Economists had expected jobless claims to edge down to 236,000 from the 238,000 originally reported for the previous week. Meanwhile, the report said the less volatile four-week moving average rose to 236,000, an increase of 3,000 from the previous week's revised average of 233,000. [Read More]( --------------------------------------------------------------- Europe European shares are turning in a mixed performance on Thursday as investors brace for the first round of French parliamentary elections due over the weekend. Higher bond yields also weighed on markets as traders awaited the release of key U.S. inflation readings on Friday for additional clues on the Fed's rate trajectory. While t... [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 declined on Thursday as Chinese industrial profits data disappointed and the yen's slide past 160-per-dollar prompted fears of government intervention. Tech stocks resumed declines as U.S. chipmaker Micron Technology beat estimates for third-quarter revenue but offered a somewhat middling outlook on earnings. The U.S. dollar hit a 38-year high versus the yen and bond yields spiked due to nervousness ahead of a major U.S. presidential debate in Atlanta later in the day and the release of U.S. PCE inflation data on Friday. Gold edged up slightly to trade above $2,300 per ounce after a two-day dec... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are rising $0.46 to $81.36 a barrel after inching up $0.07 to $80.90 a barrel on Wednesday. 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