Stocks, Jamie Dimon letter, Yellen's China trip: 3 Things
04/08/2024 20:57
US stock futures (^DJI, ^IXIC, ^GSPC) are leaning into the green coming off of Friday's hotter-than-expected March jobs data that reported a whopping 303,000 jobs added to the US economy. Markets will be eyeing this week's CPI (Consumer Price Index) print and first-quarter earnings from major banks. In JPMorgan Chase & Co. (JPM) CEO Jamie Dimon's annual letter to shareholders, he outlines the biggest risks to the US economy that could ultimately lead to "stickier inflation and higher [interest] rates." Lastly, US Secretary of the Treasury Janet Yellen is wrapping up her talks with Chinese economic officials, addressing the two nations' economic relationship and concerns around China's own manufacturing overcapacity in international markets. 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.
US stock futures (^DJI, ^IXIC, ^GSPC) are leaning into the green coming off of Friday's hotter-than-expected March jobs data that reported a whopping 303,000 jobs added to the US economy. Markets will be eyeing this week's CPI (Consumer Price Index) print and first-quarter earnings from major banks.
In JPMorgan Chase & Co. (JPM) CEO Jamie Dimon's annual letter to shareholders, he outlines the biggest risks to the US economy that could ultimately lead to "stickier inflation and higher [interest] rates."
Lastly, US Secretary of the Treasury Janet Yellen is wrapping up her talks with Chinese economic officials, addressing the two nations' economic relationship and concerns around China's own manufacturing overcapacity in international markets.
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.