Fed rate cuts, Taiwan earthquake, Disney vote: 3 Things
04/03/2024 20:35
Stocks (^DJI, ^IXIC, ^GSPC) prep for another day of trading in 2024's second quarter, reeling from two consecutive days of losses, while Treasury yields (^TYX, ^TNX, ^FVX) are on a tear higher. Ahead of key economic data due out in April, the Federal Reserve's Loretta Mester and Mary Daly are still expecting three interest rate cuts this year. Taiwan Semiconductor Manufacturing Company (TSM) — commonly referred to as TSMC — halts chipmaking operations after a devastating earthquake struck the country. Disney's (DIS) proxy battle against activist investor Nelson Peltz will finally reach its long-awaited conclusion Wednesday as the results of the company's shareholder vote will be announced at today's annual shareholder event. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
Stocks (^DJI, ^IXIC, ^GSPC) prep for another day of trading in 2024's second quarter, reeling from two consecutive days of losses, while Treasury yields (^TYX, ^TNX, ^FVX) are on a tear higher. Ahead of key economic data due out in April, the Federal Reserve's Loretta Mester and Mary Daly are still expecting three interest rate cuts this year.
Taiwan Semiconductor Manufacturing Company (TSM) — commonly referred to as TSMC — halts chipmaking operations after a devastating earthquake struck the country.
Disney's (DIS) proxy battle against activist investor Nelson Peltz will finally reach its long-awaited conclusion Wednesday as the results of the company's shareholder vote will be announced at today's annual shareholder event.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
Editor's note: This article was written by Luke Carberry Mogan.