U.S. Stocks May See Further Upside In Early Trading

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 24 September 2024 09:07:57 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a slightly higher open on Tuesday, with stocks likely to add to the modest gains posted in the previous session. Strength in overseas markets may carry over onto Wall Street after China's central bank announced a slew of stimulus measures. At a press conference on Tuesday, People's Bank of China Governor Pan Gongsheng said the bank would reduce the reserve requirement ratio by 50 basis points. The bank also framed measures aims to support the property market. The minimum down payment ratio for second homes will be reduced to 15 percent from 25 percent. The b... [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 Standard & Poor's is scheduled to release its report on home prices in major metropolitan areas in the month of July at 9 am ET. Also at 9 am ET, Federal Reserve Board Governor Mich... [Read More]( --------------------------------------------------------------- Europe European stocks have moved higher on Tuesday after China unleashed a swath of stimulus measures including cuts to its benchmark interest rate to put the economy out of its deflationary funk and back towards the government's growth target. Markets gave up some early gains after a survey showed German business morale fell for a fourth straight month in September, adding to concerns the euro zone's biggest economy may have tipped into recession. While the French CAC 40 Index has jumped 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 advanced on Tuesday after China's central bank unveiled its biggest stimulus since the pandemic to support the economy and counter a prolonged downturn in the property sector. The central bank said it would lower borrowing costs and inject more liquidity into the system that would free up more money for lending. Regulators also unveiled plans to support stable development of the stock market. The dollar index regained some ground after having plunged to a nearly 14-month low following remarks by two Federal Reserve officials supporting last week's big interest rate cut. Gold held steady near record level in Asian trading and oil prices jumped ... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are surging $1.68 to $72.05 a barrel after falling $0.63 to $70.37 a barrel on Monday. Meanwhile, aft... [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