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Financial Market Preview - Monday 6-May

Financial Market Preview - Monday 6-May

FromFactSet U.S. Daily Market Preview


Financial Market Preview - Monday 6-May

FromFactSet U.S. Daily Market Preview

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)

StreetAccount U.S. Daily Market Preview is FactSet's daily podcast aiming to bring listeners up to speed with financial markets information on the day to come as quickly as possible. With a target time of ~5 minutes and a publish time of ~5:00 ET, this is an ideal listen prior to market open.