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Prosper planet pulse
Home»Markets»News Highlights: Top Global Market News of the Day – Thursday 1am ET
Markets

News Highlights: Top Global Market News of the Day – Thursday 1am ET

prosperplanetpulse.comBy prosperplanetpulse.comApril 4, 2024No Comments2 Mins Read0 Views
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S&P 500 Snaps Two-Day Losing Streak 
 

Powell said the Fed remains unchanged in its expectation that strong economic conditions will justify lowering interest rates this year.

 
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.

 
Strong Australian Services Sector Growth A Headache For RBA 
 

Activity in Australia’s services sector remains strong, sure to alarm the Reserve Bank of Australia as it continues its fight to ease inflationary pressures.

 
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.

 
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.

 
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.

 
Joshua Tree Was California's Hottest Housing Market. What Happened? 
 

Desert communities surrounding national parks have seen an explosion in home buying demand during the pandemic. Now it is coming back to Earth.

 
Baltimore Bridge Collapse Triggers Extensive, Costly Logistics Diversions 
 

Motor carriers are relocating to new ports as some container shipping companies pass on additional shipping costs to their customers.

 
Gold Shows 'Unprecedented Strength' in Record Rally 
 

Precious metals have avoided the recent stock market selloff. Does Larry still have legs?

 
New Markets Poised to Lift U.S. Cannabis in 2025 
 

Analysts and companies say they expect 2025 to be a boom year for cannabis growers if Florida and Pennsylvania are able to legalize recreational marijuana.

 
 

(Ended) Dow Jones News

April 4, 2024 01:15 ET (05:15 GMT)

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



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