S&P 500 Drops to Start New Quarter
The latest data raises questions about whether the Fed will cut interest rates a third time this year. The S&P 500 fell 0.2%, and Walgreens stock fell 9.9%.
Australian Manufacturing Activity Deteriorates At Fastest Pace Since Early 2020
The composite index of the Australian Judo Bank Manufacturing Purchasing Managers’ Business Conditions Index (seasonally adjusted) was 47.3 in March, down from 47.8 in February.
South Korea's Inflation Tops 3% for Second Straight Month
South Korea’s headline inflation rate exceeded 3% in March for the second straight month, remaining sticky and well above the central bank’s 2% target.
Australia's Central Bank Says Risks Around Economy a Little More Balanced
The Reserve Bank of Australia currently feels risks to the economic outlook are slightly more balanced than at the start of the year, but has signaled that it is not committing to any policy options at this time.
Israel Blamed for Attack Killing Iranian General in Damascus
Iran has accused Israel of a deadly missile attack on Iranian diplomatic facilities in Damascus, in a potential escalation of a shadow war between the two countries.
More fuel for the economy? U.S. manufacturing gauge turns positive for first time in 17 months
The U.S. manufacturing industry index turned positive in March for the first time in 17 months, another sign that the industrial side of the economy is on the mend.
Construction spending posts bigger-than-expected drop
Construction spending fell 0.3% in February, the Commerce Department said Monday.
Baltimore Bridge Collapse Could Fuel Reinsurance Pricing
The cost of insurance for extreme risks is rising, and the complexity of covering the Baltimore tragedy could make it worse.
Micron, AT&T, Trump Media, Super Micro, Tesla, UPS, FedEx, and More Stock Market Movers
Chipmaker Micron was the top performing stock on the S&P 500 index on Monday, AT&T said millions of account holders’ personal information had been leaked to the dark web, and Trump Media shares fell for the second consecutive quarter. .
China Gauge Shows Expansion in Factory Activity
China’s factory activity expanded in March, with the country’s manufacturing sector improving for the fifth straight month, according to private indicators.
(Ended) Dow Jones News
April 1, 2024 23:15 ET (03:15 GMT)
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