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Futures Pointing To Modestly Lower 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 29, 2024 01:52 PM

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Tuesday, 29 October 2024 09:31:52 US Market The major U.S. index futures are currently pointing to m

[ADVFN]( [[Global Email] World Daily Markets Bulletin]( Tuesday, 29 October 2024 09:31:52 [ADVFN Twitter]( [Monitor]( [Quote]( [Charts]( [News]( [Toplists]( [Boards]( US Market The major U.S. index futures are currently pointing to modestly lower open on Tuesday, with stocks likely to give back ground after ending the previous session mostly higher. Uncertainty ahead of the release of key U.S. economic data in the coming days may lead some traders to cash in on yesterday?s gains. The monthly jobs report as well as a report on personal income and spending that includes the Federal Reserve's preferred inflation readings are likely to be in the spotlight. Reports on third quarter GDP, pending home sales and manufacturing sector activity may also attract some attention. The data could impact the outlook for the economy as well as expectations regarding how quickly the Fed ... [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 August at 9 am ET. At 10 am ET, the Conference Board is due to release its re... [Read More]( --------------------------------------------------------------- Europe European stocks are turning in a mixed performance on Tuesday as investors look ahead to a slew of U.S. economic data as well as tech megacap earnings this week for directional cues. Google parent Alphabet is due to unveil its earnings later in the day, with investors keen to see how growth at its key search business is progressing during a time of rising competition. Traders are also keeping a close eye on Wednesday's U.K. budget announcement and the upcoming U.S. presidential election. Analysts expect the Autumn Budget to introduce key fiscal reforms, including tax changes and wage adjustments that could significantly impact the industry landscape. A Trump victory may be on the horizon, but most major polls currently show him locked ... [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 ended mixed on Tuesday and the dollar index held steady as investors looked ahead to a slew of U.S. economic data as well as tech megacap earnings for directional cues. Traders also remained apprehensive that a Donald Trump victory in the upcoming U.S. presidential election may slow global growth. Gold edged up in Asian trading, while oil steadied after tumbling 6 percent on Monday, the biggest decline in more than two years on signs the war in the Middle East would not widen. China's Shanghai Composite Index slumped 1.1 percent to 3,286.41 as caution set in ahead of a ... [Read More]( --------------------------------------------------------------- Commodities Crude oil futures are jumping $1.02 to $68.40 a barrel after plummeting $4.40 to $67.38 a barrel on Monday. Meanwhile, a... [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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