financetom
World
financetom
/
World
/
Stocks Mostly Nudge Higher Pre-Bell Ahead of Key Inflation Report; Asia Churns, Europe Gains
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stocks Mostly Nudge Higher Pre-Bell Ahead of Key Inflation Report; Asia Churns, Europe Gains
Apr 10, 2024 4:23 AM

07:04 AM EDT, 04/10/2024 (MT Newswires) -- The main US stock measures were mostly trending marginally higher in Wednesday premarket activity as investors take positions ahead of the release of a key inflation report.

Standard & Poor's 500 futures were slightly in the green and the Dow Jones Industrial Average edged up 0.1% before the open, while the Nasdaq was off less than 0.1%. Asian exchanges were mixed to lower while European bourses were tracking north.

The consumer price inflation report for March is scheduled for 8:30 am ET. Also on the economic calendar, the weekly mortgage applications bulletin posted at 7 am and wholesale inventories for February is out at 10 am.

The weekly EIA domestic oil inventories report is out at 10:30 am. The Federal Reserve will post minutes of its March policy session at 2 pm, which will be parsed for clues on rate moves by the central bank.

Fed Governor Michelle Bowman is scheduled to speak at 8:45 am, while Federal Reserve Bank of Chicago President Austan Goolsbee speaks at 12:45 pm.

Delta Air Lines (DAL) will kick off the latest earnings season with the release of its first-quarter results before the bell, among others.

Before the open, bitcoin was little changed at $68,894, West Texas Intermediate crude inclined 0.5% to $85.64 a barrel, yields on 10-year Treasuries dipped by 0.6 basis points to 4.36% and gold nudged 0.2% higher to $2,367 an ounce.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TSX Closer: The Index Rises Ahead of Fresh Tariffs From the Trump Administration
TSX Closer: The Index Rises Ahead of Fresh Tariffs From the Trump Administration
Apr 2, 2025
04:37 PM EDT, 04/02/2025 (MT Newswires) -- The Toronto Stock Exchange rose for a third-straight session Wednesday as Canadian investors continue to adopt an 'elbows up' approach to dealing with the threat of looming tariffs from U.S. President Donald Trump's administration being announced today. Today, the resources heavy index was buoyed by elevated commodity prices in rising 273.9 points at...
GLOBAL MARKETS-Equity futures sink, gold rises after Trump imposes tariffs
GLOBAL MARKETS-Equity futures sink, gold rises after Trump imposes tariffs
Apr 2, 2025
(Updates prices after tariff announcements, U.S. market close) * Gold gains ground on safe-haven flows * Treasury yields fall while U.S. dollar loses ground * Trading choppy after Trump tariff announcements By Sinéad Carew NEW YORK April 2 (Reuters) - Equity futures fell on Wednesday after the U.S. market close while safe-haven gold and bond prices rose as investors worried...
TRADING DAY-T-Day arrives, markets rise
TRADING DAY-T-Day arrives, markets rise
Apr 2, 2025
ORLANDO, Florida, April 2 (Reuters) - TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist New reality about to dawn U.S. markets on Wednesday were determined to put on a brave face ahead of U.S. President Donald Trump's announcement of sweeping tariffs that will escalate a global trade war and threaten to upend the...
Trading Day: T-Day arrives, markets rise
Trading Day: T-Day arrives, markets rise
Apr 2, 2025
ORLANDO, Florida (Reuters) - TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  New reality about to dawn U.S. markets on Wednesday were determined to put on a brave face ahead of U.S. President Donald Trump's announcement of sweeping tariffs that will escalate a global trade war and threaten to upend the entire international...
Copyright 2023-2025 - www.financetom.com All Rights Reserved