DTN Early Word Grains 01/02 05:52

DTN Early Word Grains 01/02 05:52 Grain Markets Scheduled to Open at 8:30 a.m. CST; May be Influenced by Lower Palm Oil, Weaker Brazilian Real Grain markets were closed overnight and will have a modified open at 8:30 CST on Thursday morning. Kent Beadle, DTN Contributing Analyst EARLY MORNING GLOBEX NET CHANGES: Grain markets were closed overnight and will have a modified open at 8:30 CST on Thursday morning. CME GLOBEX RECAP: World equity markets are mixed to begin the new year, with China starting the year poorly, but the U.S. market poised to open higher to begin 2025. Profit taking and position rebalancing after a second consecutive year of over 20% gains weighed on the U.S. markets on Monday and Tuesday. Strength Thursday morning is tied to general optimism about the economy despite the forecasts for less interest rate cuts by the Federal Reserve. OUTSIDE MARKETS: Previous closes Monday showed the Dow Jones Industrial Average down 25.91 at 42,544.22 and the S&P 500 down 25.31 at 5,881.63. The 10-Year Treasury yield ended at 4.573%. Early Tuesday, the March Dow Jones Futures are up 0.48%. European markets are mixed with the spot futures of London's FTSE 100 trading up 0.01%, spot futures of Germany's DAX is trading down 0.32% and the spot futures of France's CAC 40 Index down 1.16%. Asian markets are mixed with Japan's Nikkei 225 Index steady and China's Shanghai Composite Index down 1.73%.