CNBC Daily Open: Oil is the Fed’s new headache
Publishing timestamp: 2023-04-03 19:36:35
Summary
The article discusses the mixed performance of US and European stocks on the first trading day of the second quarter, with oil prices spiking after OPEC+ announced production cuts. Google has announced cost-cutting measures, including reducing employee services, and a Wall Street Journal reporter detained in Russia has appealed his arrest. Finland will become a member of NATO, and the Federal Reserve faces new complications with rising oil prices adding to fears of inflation.
Sentiment: MIXED
Tickers: SPGI,
Keywords: s&p global inc, markets, united states, st. petersburg, united arab emirates, janet yellen, business news, world markets,
Source: https://www.cnbc.com/2023/04/04/cnbc-daily-open-asia.html