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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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Tue, Oct 1, 2024 03:15 PM

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Tuesday, 01 October 2024 10:48:20 US Market The major U.S. index futures are currently pointing to a

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 01 October 2024 10:48:20 [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 Tuesday, with stocks likely to show a lack of direction after ending Monday?s choppy trading session mostly higher. Uncertainty about the near-term outlook for the markets may keep some traders on the sidelines following a strong September, which is historically a weak month for stocks. Traders may also be reluctant to make significant moves in early trading ahead of the release of the Institute for Supply Management?s report on manufacturing activity in the month of September. The report, which is due to be released shortly after the start of trading, is expected to show the ISM?s manufacturing PMI inched up to 47.5 in September from 47.2 in August. A reading below 50 would still indicate contraction. The Labor Department is also due to release its report on job openings i... [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 At 10 am ET, the Institute for Supply Management is scheduled to release its report on manufacturing activity in the month of September. The ISM?s manufacturing PMI is expected to inch up to 47.5 in September from 47.2 in August, but a reading below 50 would still indicate contraction. The Labor Depart... [Read More]( --------------------------------------------------------------- Stocks in Focus Shares of Ford (F) are seeing notable pre-market strength after Goldman Sachs upgraded its rating on the automaker?s stock to Buy... [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.]( --------------------------------------------------------------- Europe European stocks have moved mostly higher on Tuesday after flash data from Eurostat showed Eurozone inflation eased more than expected in September. The harmonized index of consumer prices posted an annual increase of 1.8 percent compared to a 2.2 percent rise in August. Economists had forecast inflation to moderate to 1.9 percent. The euro area inflation rate will stabilize at the ECB's 2 percent target during the cou... [Read More]( --------------------------------------------------------------- Asia Asian stocks ended mixed on Tuesday and the dollar rose after Federal Reserve Chair Jerome Powell hinted at smaller rate cuts. Geopolitical tensions also weighed after Israel launched ground operations in southern Lebanon. Oil prices fell nearly 1 percent in Asian trading as demand worries overshadowed signs of escalating Middle East tensions. Gold edged up slightly but hovered below recent record highs ahead of U.S. labor market data due this week that could offer more clarity on the pace of U.S. rate cuts. Mainland Chinese markets were closed for a week starting today fo... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are sliding $0.83 to $67.34 a barrel after edging down $0.01 to $68.17 a barrel on Monday. 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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