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FX.co ★ Wall Street Might Open Moderately Up

Wall Street Might Open Moderately Up

The market is poised for a busy Tuesday with potential focus on the reports for December Durable Goods Orders, the Case-Shiller Home Price Index for November, and the FHFA House Price Index for the same month. Current indicators from the U.S. Futures Index suggest a slight upward trend for Wall Street's opening. Asian markets concluded with mixed results, while European stocks are showing positive momentum.

Investors are keeping a close watch on President Trump's tariff proposals on various metals and semiconductors, which could influence market dynamics.

During the Asian trading period, gold prices remained stable, whereas oil prices lingered near a bi-weekly low.

As of 7:45 AM ET, futures indicated a modest upward movement: Dow futures increased by 9 points, S&P 500 futures rose by 9.5 points, and Nasdaq 100 futures were up by 38 points.

At present, while the major indexes have climbed back from their lowest points of the day, they are still experiencing declines. The Nasdaq has decreased by 553.33 points, equating to a 2.8% drop, sitting at 19,400.97. The S&P 500 has dipped by 104.36 points or 1.7%, resting at 5,996.88.

Regarding economic releases, the December Durable Goods Orders will be announced at 8:30 AM ET, with expectations of a 0.8% rise following a 1.1% decline previously. At 9:00 AM ET, the Case-Shiller Home Price Index for November will be disclosed, with an anticipated increase of 0.3%, matching the prior month's growth. Concurrently, the FHFA House Price Index for November’s release is awaited, following a 0.4% rise the previous month.

यह भी देखें: आप यहां एक ट्रेडिंग खाता खोल सकते हैं

The Consumer Confidence report for January, scheduled for release at 10:00 AM ET, is expected to show a consensus of 106.3, following an increase to 104.7 in December. The Richmond Fed Manufacturing Index for January will also be revealed at 10:00 AM ET, which previously registered a decline of 10 points.

Later, at 1:00 PM ET, the Fed's Money Supply data for December will be released, previously having reached an M2 Level of $21,447.6 billion.

Asian markets concluded mostly lower in sparse trading. Hong Kong’s Hang Seng Index rose slightly by 0.14%, finishing at 20,225.11 amid holiday-affected volumes. Markets in China, South Korea, Taiwan, and Indonesia were closed due to Lunar New Year celebrations.

Japanese indices led regional declines; the Nikkei index fell 1.39% to 39,016.87, while the Topix index closed slightly down at 2,756.90. In Australia, markets also dipped slightly, with the S&P/ASX 200 losing 0.12% to 8,399.10 and the broader All Ordinaries index declining 0.18% to 8,644.50.

In European trading, stocks are showing a positive movement. France’s CAC 40 is up by 34.23 points or 0.43%, Germany’s DAX has gained 170.34 points or 0.80%, and the FTSE 100 in England increased by 44.21 points or 0.52%. Meanwhile, the Swiss Market Index rose by 83.73 points or 0.67%. The Euro Stoxx 50, representing key sector leaders in the Eurozone, is also demonstrating growth, up by 0.51%.

*यहाँ दिया गया बाजार का विश्लेषण आपकी जागरूकता को बढ़ाने के लिए है, यह ट्रेड करने का निर्देश नहीं है
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