ASX 200 futures flat, S&P 500 edges higher, Uranium stocks to extend gains

ASX 200 futures are trading 5 points higher, up 0.06% as of 8:30 am AEDT. Source: Market Index S&P 500 SESSION CHART

S&P 500 marginally higher, down from best levels (Source: TradingView) MARKETS

S&P 500 marginally higher but off session highs of 0.46%

S&P 500 and Nasdaq logged weekly gains of 1.9% and 3.1% after a two-week losing streak and a sluggish start to 2024 Treasury yields eased after US PPI unexpectedly declined in December, the US 2-year yield marked its lowest close since 17 May 2023 Bullish focus points for the week – QT tapering talk, disinflation momentum, growing soft-landing expectations, AI proliferation with Nvidia shares up more than 10% last week, low bar into Q4 earnings season Bearish focus points for the week – Fed policymakers pushing back against aggressive rate cut expectations priced by markets, geopolitical tensions, stretched sentiment and positioning metrics, EV space under […]

Click here to view original web page at www.livewiremarkets.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.