Equity index futures ease after US holiday weekend
S&P 500 e-minis down 0.6%, Nasdaq e-minis down 0.8%
STOXX 600 down 0.5%
Dollar, bitcoin edge up; gold down; oil falls
US 10-yr Treasury yield dips to 3.87%
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EQUITY INDEX FUTURES EASE AFTER US HOLIDAY WEEKEND
S&P 500 e-minis EScv1 were lower early on Tuesday as US investors returned from a three-day U.S. Labor Day holiday weekend and geared up for a heavy week of economic data including Friday's monthly jobs data.
Indexes rose on Friday after fresh U.S. economic data raised expectations the Federal Reserve will cut interest rates modestly in September.
With second-quarter U.S. earnings out of the way, investors will put much of their focus on economic data. Investors are looking for further clues on the economy and the potential for rate cuts.
Here is the early market snapshot:
(Caroline Valetkevitch)
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FOR TUESDAY'S OTHER LIVE MARKETS POSTS
WEAK DOLLAR COULD PRESSURE EUROPE'S MEDIA COMPANIES - CLICK HERE
JOBS HURDLE - CLICK HERE
FRENCH EQUITIES LACKING LONG-TERM VISIBILITY - CLICK HERE
GERMAN STOCKS AT ALL-TIME HIGHS, ROLLS-ROYCE REBOUNDS - CLICK HERE
EUROPEAN STOCKS SET TO CREEP HIGHER - CLICK HERE
ISM KICKS OFF THE DOLLAR'S BIG WEEK - CLICK HERE
Early market snapshot https://tmsnrt.rs/47bqR3f
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