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Positive Signs in U.S. Stock Markets

September 29, 2023 by Forex Winner Leave a Comment

The U.S. stock markets are expected to open with promising figures today. Nike Inc. Cl B (NKE) has already seen a significant increase of 9.7% in pre-market trading, while CCC Intelligent Solutions Holdings Inc. (CCCS) is up by 5.6%.

Other notable gainers include On Holding AG (ONON), Royalty Pharma PLC (RPRX), and Cardinal Health Inc. (CAH), each making gains of at least 3%. However, Roivant Sciences Ltd. (ROIV) and Bunge Ltd. (BG) have experienced declines, falling 5.1% and 1.2% respectively.

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Positive Indications in the Futures Market

Looking at the futures market, the S&P 500 futures are up by 0.48%. Similarly, futures for the Dow Jones Industrial Average are showing a positive rise of 0.48%. In contrast, the Cboe Volatility Index futures have decreased by 5.63%.

Updates on Commodity Market

In commodity news, Brent crude oil futures have risen by 0.72%, while gold futures have seen a steady increase of 0.37%. On the other hand, Bitcoin has slipped by 0.41% and is currently valued at $26,987.

Treasury Yield and Previous Trading Session

The 10-Year Treasury yield has experienced a slight decline, settling at 4.563%.

During the previous regular trading session, the S&P 500 and the Dow both showed positive gains, rising by 0.59% and 0.35% respectively. In Asia, however, Japan’s NIKKEI 225 Index experienced a marginal decline of 0.05%.

Europe Follows the Positive Trend

European stock markets are also showing positive signs with the STOXX Europe 600 Index rising by 1.13% and the FTSE 100 Index climbing by 0.82% from the previous close.

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Filed Under: Forex News Tagged With: Commodity News, Futures Market, Positive Indications, Promising Figures, U.S. Stock Markets

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