U.S. Stocks May Move Back To The Upside In Early Trading

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Monday, 01 July 2024 11:07:33 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to move back to the upside following the downturn seen over the course of the previous session. Optimism about the outlook for interest rates may lead to renewed buying interest on Wall Street following last Friday?s closely watched inflation data. The report showed a slowdown in the annual rate of consumer price growth, leading to increased speculation the Federal Reserve is likely to lower interest rates at least once this year. Overall trading activity may be somewhat subdued, however, as traders look ahead to the release of the Labor Department?s closely watched monthly jobs report on Friday. The report, which is expected to show a slowdown in the pace of job growth in the month of June, could impact the outlook for interest rates. Traders may also stick to the sidelines ahead of remarks by Fed Chair Jerome Powell on Tuesday as well as the Independence Day holiday on Thursday. Stocks moved mostly higher in ear... [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 higher on Monday, the euro hit its strongest level since mid-June and the premium investors demand for holding France's bonds plunged, as the prospect of French political gridlock helped ease concerns about further strains on the country's public finances. Also helping underpin investor sentiment, a survey showed the downturn in the eurozone's manufacturing sector wasn't as bad as initially feared in June. The HCOB's final euro zone manufacturing Purchasing Manag... [Read More]( --------------------------------------------------------------- Asia Asian stocks eked out modest gains on Monday as investors reacted to in-line U.S. inflation readings, mixed Chinese data and the results of the first round of voting for the French National Assembly. The yen struggled near 38-year lows after Japan downgraded GDP numbers for the March quarter. Oil prices climbed in Asian trading, while gold was marginally lower. The euro rose against the dollar as the first round of voting left Le Pen's National Rally looking short of securing a majority in parliament. China's Shanghai Composite Index jumped 0.9 percent to 2,994.73 after the Caixin Manufact... [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 climbing $0.52 to $82.06 a barrel after dipping $0.20 to $81.54 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