Here are the top 5 Global market cues today:
Wall Street looked to bounce back from a rough week. Dow futures rose 124 points overnight. S&P 500 and the Nasdaq 100 futures added 0.5% The move in futures comes after a slump for equities last week. Last week, the Nasdaq and S&P 500 lost 1.5%, while the Dow was off 0.9%. It was the worst week for the three major indexes since October. Global economic data and US earnings reports will be plentiful this week. Investors will be looking out for constructive cooperation in the senate vs a 2020 replay.
Stocks in Asia-Pacific traded higher Tuesday morning. In Japan, the Nikkei 225 edged 0.96% higher. The Topix index advanced 0.46%, South Korea’s Kospi rose 0.11%. Shares in Australia gained with the S&P/ASX 200 up about 1%
European stocks started the new trading week higher. The Stoxx 600 closed up by 0.2%. The autos gained 1.3% as most sectors and major bourses climbed. Britain’s FTSE 100 index bucked the positive trend in Europe, falling 0.2%
Oil prices on Monday fell further from 11-month highs touched last week. Brent crude fell 30 cents, or 0.5%, to $54.79 a barrel. US oil was down by 21 cents, or 0.4%, at $52.15 a barrel
Gold prices dropped to their lowest in 1-1/2 months on Monday. A stronger US dollar made bullion expensive for other currency holders. The US dollar strengthened to its highest in four weeks. Spot gold fell 0.3% to $1,820.46 per ounce. US gold futures eased 0.7% to $1,816.80.