Live Markets: Equity index futures ease after US holiday weekend

Swiss Life Holding AG

03/09/2024 14:16

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      S&P 500 e-minis down 0.6%, Nasdaq e-minis down 0.8%
    

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      STOXX 600 down 0.5%
    

        * 
      Dollar, bitcoin edge up; gold down; oil falls 
    

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      US 10-yr Treasury yield dips to 3.87%
    

  
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    EQUITY INDEX FUTURES EASE AFTER US HOLIDAY WEEKEND
    S&P 500 e-minis  EScv1  were lower early on Tuesday as US investors returned from a
three-day U.S. Labor Day holiday weekend and geared up for a heavy week of economic data
including Friday's monthly jobs data.
    Indexes rose on Friday after fresh U.S. economic data raised expectations the Federal
Reserve will cut interest rates modestly in September.
    With second-quarter U.S. earnings out of the way, investors will put much of their focus on
economic data. Investors are looking for further clues on the economy and the potential for rate
cuts.
    Here is the early market snapshot:
 
   
    (Caroline Valetkevitch)
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    FOR TUESDAY'S OTHER LIVE MARKETS POSTS 
        
    WEAK DOLLAR COULD PRESSURE EUROPE'S MEDIA COMPANIES - CLICK HERE    
    JOBS HURDLE - CLICK HERE
    FRENCH EQUITIES LACKING LONG-TERM VISIBILITY - CLICK HERE 
    GERMAN STOCKS AT ALL-TIME HIGHS, ROLLS-ROYCE REBOUNDS - CLICK HERE
    EUROPEAN STOCKS SET TO CREEP HIGHER - CLICK HERE
    ISM KICKS OFF THE DOLLAR'S BIG WEEK - CLICK HERE
    

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Early market snapshot    https://tmsnrt.rs/47bqR3f
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