DTN Early Word Grains 04/18 05:34
18 Apr 2023
DTN Early Word Grains 04/18 05:34 Soybean Prices Lead Grains Higher Early Tuesday July corn is up 3 cents, July soybeans are up 13 cents and July KC wheat is up 1 cent. Todd Hultman DTN Lead Analyst EARLY MORNING GLOBEX NET CHANGES: July corn is up 3 cents, July soybeans are up 13 cents and July KC wheat is up 1 cent. CME GLOBEX RECAP: Early Tuesday, U.S. stock futures are starting a little higher, in line with Europe and Asia. Overnight, China reported first quarter GDP was up 4.5% from a year ago, better than expected, reported RTTNews.com. China's unemployment rate was 5.3% in March, also better than expected. A report on U.S. housing starts in March will be out at 7:30 a.m. CDT Tuesday. Tuesday's earnings reports include Bank of America and Goldman Sachs. OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial Average up 100.71 at 33,987.18 and the S&P 500 Index up 13.68 at 4,151.32. The 10-Year Treasury yield ended at 3.59%. Early Tuesday, June Dow Jones futures are up 89 points. European markets are higher with the spot futures of the London FTSE 100 trading up 0.21%, spot futures of Germany's DAX trading up 0.26% and spot futures of France's CAC Index trading up 0.38%. Asian markets are also higher with Japan's Nikkei 225 index up 0.51% and China's Shanghai Composite Index up 0.23%.