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Dow Futures Trade Mixed Following Relief Rally

Published 10/03/2022, 07:08 PM
Updated 10/03/2022, 07:08 PM
© Reuters.

By Oliver Gray 

Investing.com - U.S. stock futures were trading mixed during Monday’s evening deals, following a strong relief rally among major benchmark indices during the regular session as the ISM manufacturing data came in weaker than expected, boosting expectations of further monetary policy support from the Federal Reserve.

By 19:00 ET (23:00 GMT) Dow Jones Futures were down 0.1%, S&P 500 Futures were flat and Nasdaq 100 Futures added 0.1%.

In extended deals, Rivian Automotive Inc (NASDAQ:RIVN) added 6.2% and Hyperfine Inc (NASDAQ:HYPR) lifted 5.6%.

Ahead in Tuesday’s session, market participants will be closely monitoring fresh factory orders and JOLTs job openings data.

During Monday’s regular trade, the Dow Jones Industrial Average added 765.4 or 2.7% to 29,490.9, the S&P 500 rose 92.8 points or 2.6% to 3,678.4 and the NASDAQ Composite gained 239.8 points or 2.3% to 10,815.43.

On the bond markets, United States 10-Year yields were at 3.643%.

 
 

Latest comments

hii
Any reason friends for markets to react heavily in green even though data indicators do not support the move upwards.
the more bad data the more likely fed is going to pivot and turn on the money printer .
It was a dead cat bounce, stocks were way oversold.
hiii
hhhaha
INVESTING.COM TAKE CARE OF YOUR SPAM PROBLEM PLEASE !!!!
they only care and censor you if you mention Mr. Trump. other then that the chat rooms are spam central no issues with that. priorities
they only care and censor you if you mention Mr. Trump. other then that the chat rooms are spam central no issues with that. priorities
do they even proof read these? nonsense fake news blunders...
"weaker than expected ISM manufacturing data came in weaker than expected, boosting expectations..." 😂
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