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Tuesday, October 8, 2024

Tuesday Watch List

A report on the U.S. trade deficit for August is due out at 7:30 a.m. CDT Tuesday, followed by more specific export data from USDA and the Census Bureau later Tuesday morning. Traders continue to keep close watch over the latest weather forecasts.

Weather

Hurricane Milton continues to be a very strong hurricane, but it is starting to weaken. That trend should continue Tuesday as it makes a turn toward Florida Tuesday. Rain will move through Florida ahead of the hurricane, but it won't make landfall until Wednesday night. The rest of the country will be warm and dry.