Pre-open mover

US stock futures traded mixed in early premarket trading on Monday after posting losses on Friday. The Dow hit a new yearly low, falling below 30,000 for the first time since June 17. Major indexes posted their fifth negative week in six as the 30-stock index fell 4% and the S&P fell 4.7% last week.

The Chicago Fed National Activity Index for August is scheduled to be released at 8:30 am ET. The national activity index returned to positive territory in July, reading 0.27. However, analysts expect the index to decline slightly to 0.24 in August. The Dallas Fed September manufacturing index will be released at 10:30 am ET.

Federal Reserve Bank of Boston President Susan Collins will speak at 10:00 a.m. ET, while Federal Reserve Bank of Atlanta President Raphael Bostic will speak at 12:00 p.m. ET. Federal Reserve Bank of Cleveland President Loretta Mester will speak at 4:00 p.m. ET.

Watch this: Market volatility rises after US stocks post sharp losses

Futures on the Dow Jones Industrial Average fell 48 points to 29,621.00, while futures on the Standard & Poor’s 500 Index fell 5.25 points to 3,703.75. Futures for the Nasdaq index rose 7 points to 11,383.75.

raw materials

oil prices was traded lower as Brent crude futures fell 0.4% to $84.73 a barrel, while US WTI crude futures fell 0.3% to $78.49 a barrel. The total number of active US oil rigs rose by 3 this week to 602 rigs, Baker Hughes Inc. reported.

Gold futures fell 0.1% to trade at $1,654.40 an ounce, while silver futures were down 1% at $18.72 an ounce on Monday.

A look at the global markets

Europe markets

European markets were mixed today. The STOXX Europe 600 index fell 0.2%, London’s FTSE 100 fell 0.1%, while Spain’s IBEX 35 index fell 0.2%. France’s CAC 40 index rose 0.3%, while Germany’s DAX gained 0.3%.

The ifo business climate indicator for Germany fell to 84.3 in September 2022,…