Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Podcast : Financial Market Preview - Monday 10-Apr

Published 2023-04-10, 09:06 a/m

US equity futures are indicating a broadly flat open as of 05:00 ET. Asian equity markets were mostly higher, while European equity markets are closed for Easter Monday. The US labor market is seen as strong enough to justify a 25 bp rate hike next month, following Friday's US employment data. CPI data out this week is expected to show inflation remained elevated in March. China launched military drills around Taiwan in response to President Tsai Ing-wen's meeting with US lawmakers.

Companies Mentioned: Exxon Mobil (NYSE:XOM), Pioneer Natural Resources (NYSE:PXD), Walt Disney (NYSE:DIS)

 

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