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Prosper planet pulse
Home»Markets»News Highlights: Top Global Market News of the Day – Thursday 7am ET
Markets

News Highlights: Top Global Market News of the Day – Thursday 7am ET

prosperplanetpulse.comBy prosperplanetpulse.comApril 4, 2024No Comments2 Mins Read0 Views
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Dow, S&P 500 Futures Rise 
 

Stock futures rose after Fed Chairman Jerome Powell on Wednesday suggested there was still room for rate cuts this year.

 
What's Wrong With the Economy? It's You, Not the Data 
 

Many Americans believe that the economy and finances are worse than they really are.

 
This Small-Cap Stock Index Has Some Jumbo-Size Tenants 
 

The two largest Russell 2000 stocks, Super Micro Computer and MicroStrategy, have a combined market capitalization of $87 billion.

 
Eurozone Activity Begins to Recover PMIs Show 
 

Eurozone private sector activity returned to growth last month, led by southern European economies, although Germany and France continued to lag.

 
U.K. Businesses See Wage Rises Slowing, Survey Shows 
 

British businesses expect wage growth to slow over the next 12 months, and the findings will help reassure Bank of England policymakers that inflation is under control.

 
The British Are Coming for Your White-Collar Job 
 

U.S. companies are sending all kinds of jobs across the Atlantic, boosted by Britain’s stagnant wages, tax incentives and weak currency.

 
Beauty Slowdown Reflects Cracks in Consumer Spending 
 

Ulta’s CEO said spending across the beauty category is depressed across price points and product segments.

 
Gold Is at a Record High. Why It Is Set to Rise Even More. 
 

Despite rising bond yields, gold is benefiting from strong buying in China, rising geopolitical tensions and growing concerns about national debt.

 
Oil, gold and the dollar are surging. Here's why that could derail the Fed's rate-cut outlook. 
 

Market strategists say a global economic recovery is fueling a ferocious rally in commodity prices in 2024, threatening to derail the Federal Reserve’s efforts to rein in inflation and delay interest rate cuts by mid-year. The path forward may become unclear.

 
Powell Still Sees Room for Fed to Cut Rates This Year 
 

The Fed’s chairman said stronger-than-expected economic activity did not change the Fed’s expectation that lower inflation would allow it to cut interest rates.

 
 

(Ended) Dow Jones News

April 4, 2024 07:15 ET (11:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.



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