U.S. Index Futures Flat Ahead of April CPI Data Release, Oil Prices Drop
15 Maio 2024 - 8:50AM
IH Market News
U.S. index futures are virtually flat in pre-market trading this
Wednesday, with Wall Street awaiting April’s consumer price index
data.
At 7:18 AM, Dow Jones futures (DOWI:DJI) were up 3 points, or
+0.01%. S&P 500 futures rose 0.03%, and Nasdaq-100 futures lost
0.02%. The 10-year Treasury yield stood at 4.41%.
In the commodities market, West Texas Intermediate crude for
June fell 0.53%, to $77.61 per barrel. Brent crude for July fell
0.56%, near $81.92 per barrel. Iron ore traded on the Dalian
exchange fell 1.55%, to $118.82 per metric ton.
On Wednesday’s economic agenda, the April consumer price index
(CPI) reading will be released at 8:30 AM by the Department of
Labor. The May Empire State manufacturing index will be released at
the same time by the Federal Reserve Bank of New York. April retail
sales in the United States will also be released at 8:30 AM by the
Department of Labor. At 10:00 AM, the May homebuilder confidence
index will be released by the National Association of Home Builders
(NAHB) and Wells Fargo. The oil inventory position through last
Friday will be published at 10:30 AM by the Department of Energy
(DoE).
European markets are mixed today, with investors awaiting U.S.
inflation data. Among individual stocks, ABN Amro
(EU:ABN) fell 2.5% despite a 29% rise in first-quarter profits,
while Commerzbank (TG:CBK) rose 3.4% after
better-than-expected profits. Burberry (LSE:BRBY)
fell 3.7% due to a challenging outlook. The UK’s FTSE 100 hit a
record high of 8,474.41 points, driven by a 7.6% rise in
Experian (LSE:EXPN).
Asia-Pacific stock markets closed mixed on Wednesday, reflecting
investor caution ahead of new U.S. inflation data that could
influence interest rate trajectories in the world’s largest
economy. China’s Shanghai SE index fell 0.82%, while Japan’s Nikkei
rose slightly by 0.08%. In Hong Kong, the Hang Seng Index fell
0.22%, while South Korea’s Kospi rose 0.11%. Australia’s ASX 200
also closed higher, posting a gain of 0.35%.
On Tuesday, U.S. stocks fluctuated but mostly closed higher. The
Dow Jones rose 0.32% to 39,558.11 points, the S&P 500 increased
0.48% to 5,246.68 points, and the Nasdaq advanced 0.75% to a record
high of 16,511.18 points. The positive close came as Treasury
yields fell after an initial rise, despite an unexpected increase
in April producer prices.
The producer price index (PPI) for final demand rose 0.5% in
April, after a revised decline of 0.1% in March. Economists had
expected a 0.3% increase, compared to the originally reported 0.2%
increase for March. Annually, producer price growth accelerated to
2.2% in April, from a downward revision of 1.8% in March. While the
report raised uncertainty about interest rates, economists
highlighted the March revisions as a positive sign.
Scheduled to report quarterly earnings before the market opens
are Monday.com (NASDAQ:MNDY),
Dynatrace (NYSE:DT), Hut 8
(NASDAQ:HUT), Dole (NYSE:DOLE), Cresco
Labs (USOTC:CRLBF), Acurx Pharmaceuticals
(NASDAQ:ACXP), MakeMyTrip Limited (NASDAQ:MMYT),
Seanergy (NASDAQ:SHIP), Arcos
Dorados (NYSE:ARCO), Bio-Path Holdings
(NASDAQ:BPTH), among others.
After the close, reports are expected from Cisco
Systems (NASDAQ:CSCO), Grab
(NASDAQ:GRAB), Copa Airlines (NYSE:CPA),
Inotiv (NASDAQ:NOTV), Maxeon
(NASDAQ:MAXN), Iris Energy (NASDAQ:IREN),
Fluent (NASDAQ:FLNT), Consolidated
Water (NASDAQ:CWCO), Kore Group Holdings
(NYSE:KORE), Spero Therapeutics (NASDAQ:SPRO), and
more.
Commerzbank (TG:CBK)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Commerzbank (TG:CBK)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025