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Podcast : Financial Market Preview - Tuesday 2-Apr

Published 2024-04-02, 07:27 a/m

US equity futures are indicating a broadly unchanged open as of 05:00 ET. This follows mixed markets in Asia, while European equity markets are higher. Attention is on largely in line core PCE, Fed Chair Powell's comments, and firmer-than-expected ISM manufacturing, which unexpectedly moved into expansion for the first time in 16 months. Final Eurozone manufacturing PMIs have been revised up, while China manufacturing PMI is adding to cautious optimism that the economy is bottoming.

Companies mentioned: Walt Disney (NYSE:DIS), Humana (NYSE:HUM), CVS Health (NYSE:CVS), UnitedHealth (NYSE:UNH), Elevance Health

 

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