However, uncertainty remains elevated. Mixed messaging around the duration of military operations and unresolved risks tied to the Strait of Hormuz kept oil prices firm and limited follow-through.<\/p>\n
Markets continue to focus on the duration of the oil shock. A short disruption is seen as manageable for growth and equities, while a prolonged supply disruption raises recession risks globally.<\/p>\n
U.S. economic data remains supportive. Retail sales and ISM manufacturing came in above expectations, while payrolls rose 178,000 in March, pointing to steady growth despite geopolitical stress.<\/p>\n
Economic Releases & Notable Earnings<\/p>\n
Monday, Apr 6
Before the Open:
\u2022 No reports scheduled.
Economic Releases:
\u2022 14:00 GMT \u2013 ISM Services PMI, forecast 54.8 (prior 56.1)
After the Close:
\u2022 No reports scheduled.<\/p>\n
Tuesday, Apr 7
Before the Open:
\u2022 No reports scheduled.
Economic Releases:
\u2022 12:15 GMT \u2013 ADP Employment Change (prior 10.0K)
\u2022 12:30 GMT \u2013 Core Durable Goods Orders, forecast 0.5% (prior 0.4%)
\u2022 12:30 GMT \u2013 Durable Goods Orders, forecast -1.0% (prior 0.0%)
\u2022 16:35 GMT \u2013 Fed Goolsbee speaks
\u2022 19:00 GMT \u2013 Consumer Credit, forecast 11.4B (prior 8.0B)
After the Close:
\u2022 Greenbrier (GBX), est. $0.82
\u2022 Levi Strauss (LEVI), est. $0.37
\u2022 Phoenix Education (PXED), est. $0.34<\/p>\n
Wednesday, Apr 8
Before the Open:
\u2022 Delta Air Lines (DAL), est. $0.62
\u2022 RPM (RPM), est. $0.35
Economic Releases:
\u2022 14:30 GMT \u2013 Crude Oil Inventories (prior 5.5M)
\u2022 17:01 GMT \u2013 10-Year Bond Auction
\u2022 18:00 GMT \u2013 FOMC Minutes
After the Close:
\u2022 Applied Digital (APLD), est. -$0.15
\u2022 Constellation Brands (STZ), est. $1.71
\u2022 PriceSmart (PSMT), est. $1.57<\/p>\n","protected":false},"excerpt":{"rendered":"However, uncertainty remains elevated. Mixed messaging around the duration of military operations and unresolved risks tied to the…\n","protected":false},"author":2,"featured_media":587433,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,2005,164,14967,38180,144307,144308,144309,38182,5463,14968,16375],"class_list":{"0":"post-587432","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-dow-jones","12":"tag-economy","13":"tag-fundamental","14":"tag-home-page-1","15":"tag-james_nasdaq_news","16":"tag-james_sp500_forecast","17":"tag-james_stocks_forecast","18":"tag-nasdaq-100","19":"tag-sp-500","20":"tag-technical","21":"tag-weekly"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/587432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=587432"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/587432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/587433"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=587432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=587432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=587432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}