4 min listen
Financial Market Preview - Monday 6-May
Financial Market Preview - Monday 6-May
ratings:
Length:
4 minutes
Released:
May 6, 2024
Format:
Podcast episode
Description
US futures are pointing to a higher open today, extending Friday's gains. European equity markets have opened in the positive territory, following solid sessions in Asian markets. Softer than expected US nonfarm payrolls and ISM services results boosted sentiment. Fed repricing also brought forward, with first rate cut expected in September instead of November. Some support also comes from US earnings. China back in spotlight as Xi meets Macron and Caixin services PMI remained buoyant.Companies Mentioned: Paramount Global, Sony Pictures Entertainment, Apollo, Comcast, Boeing
Released:
May 6, 2024
Format:
Podcast episode
Titles in the series (20)
Financial Market Preview - Friday 3-May by FactSet U.S. Daily Market Preview