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

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advfn.co.uk

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newsdesk@advfn.co.uk

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Tue, Oct 8, 2024 01:14 PM

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Tuesday, 08 October 2024 09:03:32 US Market The major U.S. index futures are currently pointing to a

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 08 October 2024 09:03:32 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to move back to the upside following the weakness seen in the previous session. Traders may look to pick up stocks at somewhat reduced levels following the steep drop seen during trading on Monday. Overall trading activity is likely to remain somewhat subdued, however, as traders look ahead to the release of key inflation data in the coming days. U.S. stocks fell on Monday amid easing prospects of aggress... [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 With exports surging and imports falling, the Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed in the month of August. The Commerce Department said the trade deficit shrank to $70.4 billion in August from a revised $78.9 billion in July. Economists had expected the trade deficit ... [Read More]( --------------------------------------------------------------- Europe European stocks have dropped to two-week lows on Tuesday as Middle East worries persisted and China's state planner announced no new plans for major stimulus. Traders ignored positive data that showed German industrial production expanded more than expected in August after falling in the previous month. Data from Destatis revealed that German industrial output grew 2.9 percent on month in August, reversing a revised 2.9 percent decline in July. Economists had expected a 0.8 percent rebound for the month. On a ... [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 Tuesday, with Hong Kong markets leading regional losses as China's National Development and Reform Commission pledged more measures to boost the Chinese economy but gave little in the way of details. The dollar consolidated near a seven-week high while gold edged down slightly after a Federal Reserve official urged a cautious path on interest-rate cuts. Investors looked ahead to key U.S. inflation readings and the release of the Fed's latest meeting minutes this wee... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are tumbling $1.51 to $75.63 a barrel after surging $2.76 to $77.14 a barrel on Monday. Meanwhile, af... [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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