From Nasdaq: 2024-06-24 07:32:11

September S&P 500 E-Mini futures are up while Nasdaq 100 E-Mini futures are down. Wall Street closed mixed Friday with Palantir down over 6%. Smith & Wesson plummeted 12%, while FactSet climbed 3%. U.S. manufacturing PMI rose unexpectedly, while existing home sales fell. Investors brace for volatility in the second half of 2024 as U.S. rate futures indicate chances of rate cuts at upcoming Fed meetings. Notable companies reporting earnings this week include Nike, FedEx, and Micron Technology. German business sentiment falls in June, Asian stocks settle mixed. China’s FDI drops, and tensions persist over tariffs on Chinese-made electric vehicles in Europe. Japanese government bond yield rises as Bank of Japan considers near-term interest rate hike.



Read more at Nasdaq: Stocks Set to Open Mixed as Investors Await Key U.S. Inflation Data and Fed Speak