16.07.2024 14:20:52 - dpa-AFX: Futures Point To Positive Open For Wall Street

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Early signs from the U.S. Futures Index
suggest that Wall Street might open positive on Tuesday. Earnings as well as
geopolitical developments might be watched closely by investors.

Asian shares finished mostly up, while European shares are trending in the
negative territory.

As of 7.55 am ET, the Dow futures were progressing 25.00 points, the S&P 500
futures were adding 7.75 points and the Nasdaq 100 futures were gaining 43.25
points.

The U.S. major averages finished higher on Monday. The Dow ended up 210.82
points or 0.53 percent at 40,211.72 after scaling a new high at 40,351.10. The
S&P 500, which climbed to a new high of 5,666.94, settled at 5,631.22, gaining
15.87 points or 0.28 percent, while the Nasdaq ended with a gain of 74.12 points
or 0.4 percent at 18,472.57, after hitting a high of 18,641.53.

On the economic front, the Retail Sales for June will be released at 8.30 am ET.
The consensus is for a decline of 0.3 percent, while it was up 0.1 percent in
the prior month.

The Import and Export Prices for June will be released at 8.30 am ET. The
consensus is for a decline of 0.1 percent, while it was down 0.4 percent in the
previous month.

The Business inventories for May will be issued at 10.00 am ET. The consensus is
for a growth of 0.4 percent, while it was up 0.3 percent in April.

The Housing Market Index for July is scheduled at 10.00 am ET. The consensus is
for 43, while it was up 43 in the previous month.

Asian stocks fluctuated before ending mixed on Tuesday. China's Shanghai
Composite index finished marginally higher at 2,976.30 and Hong Kong's Hang Seng
index fell 1.60 percent to 17,727.98.

Japanese markets ended slightly higher. The Nikkei average rose 0.20 percent to
41,275.08. The broader Topix index settled 0.34 percent higher at 2,904.50.

Australian markets ended lower. The benchmark S&P/ASX 200 slipped 0.23 percent
to 7,999.30. The broader All Ordinaries index closed down 0.23 percent at
8,243.30.

European shares are trading lower. CAC 40 of France is losing 58.65 points or
0.77 percent. DAX of Germany is down 109.14 points or 0.59 percent. FTSE 100 of England is declining 39.97 points or 0.49 percent. The Swiss Market Index is
sliding 67.59 points or 0.55 percent.

Euro Stoxx 50 that provides a Blue-chip representation of supersector leaders in
the Eurozone, is down 0.68 percent.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 7.577,04 23.08.24 18:05:02 +52,93 +0,70% - - 7.544,73 7.577,04
FTSE 100 969378 Financial Times SE 8.327,78 23.08.24 17:35:30 +39,78 +0,48% - - 8.288,00 -
DAX ® 846900 Xetra 18.633,10 23.08.24 17:50:00 +139,71 +0,76% - - 18.538,87 18.633,10
E-STOXX 50 ® 965814 STOXX Ltd. 4.909,20 23.08.24 17:50:00 +24,20 +0,50% 0,000 - 4.890,34 4.909,20

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