CNBC Daily Open: Projections are not promises
Publishing timestamp: 2024-04-02 22:32:57
Summary
U.S. stocks had a weak start to the second quarter as the 10-year Treasury yield spiked. Intel reported widening losses in its semiconductor manufacturing business, General Motors and Tesla both reported declines in vehicle sales, and President Biden spoke with Chinese President Xi Jinping to manage strained relations. Federal Reserve officials are dampening rate cut expectations, causing volatility in the market.
Sentiment: MIXED
Tickers: .DJI, .SPX, JPY=, TSLA, .IXIC, INTC, GM, .DXY, IDR=, MYR=,
Keywords: us dollar/indonesian rupiah fx spot rate, intel corp, us dollar/malaysian ringgit fx spot rate, world markets, xi jinping, dow jones industrial average, joe biden, usd/jpy, markets, dxy us dollar currency index, united states, business news, mary daly, s&p 500 index, nasdaq composite, earnings, tesla inc, general motors co, janet yellen,
Source: https://www.cnbc.com/2024/04/03/cnbc-daily-open-projections-are-not-promises.html