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Stock Futures Mixed as Market Aims to Sustain Momentum

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Stock futures are mixed as the market seeks to maintain momentum in the holiday-shortened week.


Stock futures are mixed Monday night as the market looks to maintain momentum in the holiday-shortened week. Futures tied to the Dow Jones Industrial Average indicated a roughly 20-point gain at the open. Meanwhile, S&P 500 futures and Nasdaq 100 futures were slightly lower.

European stock markets closed flat Monday, losing momentum throughout the session after appearing to shake off recent negativity. Investors remained cautious amid concerns over the economic recovery, inflation, and the spread of the Delta variant.

Inflation readings from South Korea, Thailand, and the Philippines are slated for release Tuesday, along with purchasing managers' index (PMI) readings from China. These data points will provide further insights into the global economic recovery and inflationary pressures.

Economist Hans-Werner Sinn told CNBC that Germany is once again the sick man of Europe, warning that this shift could fuel the rise of right-wing ideologies. Germany's economic struggles, including low growth and rising debt, have raised concerns about the country's future stability.

September has historically been a challenging month for the stock market, according to Jim Cramer. The CNBC host advises investors to remain cautious, citing potential seasonal fluctuations and historical precedents.

Carlo Calenda, national secretary of the political party Azione, criticized a particular law, calling it "very stupid." The law was not specified in the article, but the comment suggests political discourse and potential legislative implications.

A report compared 60 domestic and international airlines, analyzing factors such as on-time arrivals and cancellations. The study aimed to provide insights into airline performance and customer satisfaction.

Chinese companies, including BYD and Leapmotor, have launched electric vehicles for international markets. Xpeng, another Chinese automaker, announced plans to expand its presence in global markets. This showcases China's growing influence in the electric vehicle industry.

This report is from today's CNBC Daily Open, a new international markets newsletter. CNBC Daily Open aims to keep investors informed about global market trends and developments.

stock futuresmarketmomentumholiday-shortened weekdow jones industrial averages&p 500nasdaq 100european stock marketseconomic recoveryinflationdelta variantsouth koreathailandphilippinespmi readingschinagermanyright-wing ideologiesjim cramerseptemberpolitical partyairline performancechinese companieselectric vehiclesxpengcnbc daily open

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