Fundamental: Global Market Quick Take: Asia – April 4, 2023
The Dow Jones Industrial Average rose 1%, while the S&P 500 moved up 0.4%, with energy stocks outperforming after the oil price surged 6% when nine OPEC+ countries announced production cuts. Meanwhile, the Nasdaq was weighed down after the oil price rose 6% spooking investors that inflation could pick up and force the Fed to remain on its hiking path. That ...
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Apr 4, 2023, 4:07pm
Fundamental: Global Market Quick Take: Asia – April 4, 2023
The Dow Jones Industrial Average rose 1%, while the S&P 500 moved up 0.4%, with energy stocks outperforming after the oil price surged 6% when nine OPEC+ countries announced production cuts. Meanwhile, the Nasdaq was weighed down after the oil price rose 6% spooking investors that inflation could pick up and force the Fed to remain on its hiking path. That ...
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