Wall Street futures largely pointed sideways pre-bell Tuesday as traders awaited the October Job Openings and Labor Turnover Survey (JOLTS) from Washington. The JOLTS, slated for 10 am ET release, is expected to show about 7.5 million open jobs across the US. A higher or lower number may send signals to the Federal Reserve policy meeting slated for mid-December. In the futures, the S&P 500, the Nasdaq and the Dow Jones hewed close to Monday closes. Asian exchanges traded solidly higher overnight, after the People's Bank of China, the mainland's central bank, reiterated a commitment to monetary easing on its webpage on Monday.
Yields on 10-year China sovereign bonds struck all-time record lows, under 2%. European bourses tracked moderately north midday on the continent. On Wall Street, Credo Technology (CRDO) traded up 37% pre-bell, after the high-speed data-connectivity provider reported fiscal Q3 earnings and boosted guidance, late Monday. The Bank of Nova Scotia (BNS) and Core & Main (CNM) plan to report earnings pre-bell, among others. On the economic calendar, in addition to the JOLTS report, are presentations by Federal Reserve Governor Adriana Kugler at 12:35 pm ET, and by Chicago Fed President Austan Goolsbee at 1:30 pm and 3:45 pm. In premarket action, Bitcoin traded at $95,393, West Texas Intermediate crude oil traded higher at $68.84, and 10-year US Treasuries offered 4.22%.
Spot gold traded for $2,644 an ounce. $US30 $US500.