U.S. stocks tick up ahead of the minutes

Reuters

U.S. stocks tick up ahead of the minutes

2024 10월 9, 오후 2:20 GMT

<html xmlns="http://www.w3.org/1999/xhtml"><head><title>LIVE MARKETS-U.S. stocks tick up ahead of the minutes</title></head><body>

Main U.S. indexes edge green

Aug wholesale invt MM, wholesale sales MM < estimates

Euro STOXX 600 index up ~0.4%

Dollar up; gold, bitcoin decline; crude falls >2%

U.S. 10-Year Treasury yield ~flat at ~4.04%

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U.S. STOCKS TICK UP AHEAD OF THE MINUTES

Wall Street's main indexes are slightly higher early on Wednesday as investors await the minutes of the Federal Reserve's most recent policy meeting at 2 pm ET for more clues on the interest-rate path.

Trading has been choppy this week, with investors seeking new catalysts for a clearer market direction. Key inflation data on Thursday and the upcoming third-quarter corporate earnings season are now in focus.

A majority of S&P 500 .SPX sectors are higher with industrials .SPLRCI posting the biggest rise. Communication services .SPLRCL off about 1.5% is taking the biggest hit. This with Alphabet GOOGL.O down nearly 2% after the U.S. Department of Justice said it may ask a judge to force Google to divest parts of its business.

Of note, although early in the session, the industrials sector .SPLRCI, and the S&P 100 index .OEX are both on track to post record closing highs.

Here is an early market snapshot from shortly after 1000 ET:

(Terence Gabriel)

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FOR WEDNESDAY'S EARLIER LIVE MARKETS POSTS:

S&P 500 INDEX JUST SHY OF ITS RECORD HIGHS - CLICK HERE

BULLISH FACTORS BEHIND GOLD RALLY TO CONTINUE - UBS - CLICK HERE

U.S. ELECTION RISK RIPPLES THROUGH MEXICAN PESO OPTIONS - CLICK HERE

NO NEED TO PANIC AS TURBULENT EARNINGS SEASON LOOMS - CLICK HERE

STOXX INCHES UP, OFF 2-WEEK LOWS - CLICK HERE

EUROPEAN FUTURES POINT TO MUTED START - CLICK HERE

CHINA STOCKS GET A REALITY CHECK; EUROPE SHUDDERS - CLICK HERE