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CNBC Daily Open: Markets looked past banking crisis to rally in March - TL;DR CNBC

CNBC Daily Open: Markets looked past banking crisis to rally in March

Publishing timestamp: 2023-04-02 19:30:44


Summary

The article discusses the performance of the stock market in March, which saw gains despite economic headwinds. Lower-than-expected inflation readings and the prospect of slower interest rate hikes benefited tech stocks in particular. The article also mentions Tesla's strong Q1 delivery numbers and OPEC+'s surprise oil production cut. The upcoming March jobs report will test the trend of strong April markets.


Sentiment: NEUTRAL

Tickers: TSLANVDAMETA

Keywords: pricesmeta platforms incmarketsoil and gasbusiness newsnvidia corpworld marketsinflationelon musktechnologytesla inc

Source: https://www.cnbc.com/2023/04/03/stock-markets-markets-looked-past-banking-crisis-to-rally-in-march.html


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