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Futures suggest that Wall Street open lower

Thursday’s trading could be affected by reactions to new batches of US economic data, such as retail sales and weekly unemployment insurance reports.

Recent reports that booster vaccine doses can be safe and effective can make booster doses unavoidable. Immunization is being promoted all over the world.

Asian stocks ended up mixed, but European stocks traded positive.

Early signs of the US futures index suggest that Wall Street may open lower.
At 7:25 am ET, Dow futures fell 11.00 points, S & P 500 futures fell 4.75 points and Nasdaq 100 futures fell 31.00 points.

The US key average finished Wednesday’s session near the highest level. The Dow rose 236.82 points (0.7%) to 34,814.39, the Nasdaq rose 123.77 points (0.8%) to 15,161.53, and the S & P500 rose 37.56 points (0.9%) to 4,480.70.

Economically, the Ministry of Labor’s unemployment claim this week is scheduled for 8:30 EST. The consensus was 315K, but increased by 310K last week.

The Philadelphia Federated Manufacturing Index for September will be released at 8:30 EST. The consensus was 19.2, but rose 19.4 in August.

The August Department of Commerce Retail Sales Report will be published by 8:30 EST. The consensus is expected to fall 0.8%, down 1.1% last month.

The July Department of Commerce business inventory will be published at 10 am Eastern Standard Time. The consensus increased by 0.5%, but increased by 0.8% in June.

This week’s Energy Information Agency or EIA Natural Gas Report will be published at 10:30 EST. Last week, gas inventories increased by 52bcf.

The two-year treasury note auction will take place at 11:00 EST. The announcement of the Treasury Inflation Protection Certificate or TIPS for 10 years is scheduled for 11:00 AM Eastern Standard Time.

This week’s Fed balance sheet is scheduled for 4:30 EST. The previous week’s level was $ 8.357 trillion.

Asian stocks fell sharply on Thursday. China’s Shanghai Composite Index fell 49.13 points (1.34%) to 3,607.09.

Hong Kong’s Hang Seng Index fell 365.36 points (1.46%) to 24,667.85.

Japanese stocks fell on Thursday. The Nikkei Stock Average fell 188.37 points (0.62%) to 30,323.34 after hitting a 31-year high on Monday. The wider Topix index closed 0.30 percent lower at 2,090.16.

Australian person market This was especially true as rising oil prices contributed to the rise in energy stocks. The benchmark S & P / ASX 200 rose 43.20 points (0.58%) to 7,460.20, despite data showing a sharp drop in domestic employment in August.

The broader All Ordinaries index rose 36.60 points (0.47%) to close at 7,759.80.

European stocks are trading higher. Among the major indices in the region, France’s CAC 40 index adds 68.64 points, or 1.04 percent. Germany’s DAX is up 78.03 points (0.50%) and the UK’s FTSE 100 index is up 31.09 points (0.45%).

The Swiss market index is up 68.15 points or 0.57 percent.

The Eurostocks 50 Index, which summarizes the 50 best stocks in the entire euro area, has risen 0.81%.

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Futures suggest that Wall Street open lower

Source link Futures suggest that Wall Street open lower

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