As of April 4, 2024, US stock futures rise amid mixed data and Fed comments.
Japan stocks extend rally; Intel reports $7 billion losses, Disney’s CEO wins proxy vote causing stock decrease, Paramount’s stock jumps on merger reports.
Tesla closes higher despite weak Q1 deliveries; commodities poised for rebound with gold and silver boosted, grains may recover, and natural gas stabilizes.
Quality assets, especially sovereign bonds, expected to gain favor amid economic slowdown; potential rate cuts suggest extending duration despite policy and inflation concerns.
Global stock markets witness notable movements; economic indicators like US services PMI and nonfarm payrolls data influence sentiment.
Crude oil prices surge on concerns about reduced supply from output cuts by major producers.
