BY THE NUMBERS
U.S. stock futures started the second quarter higher Friday ahead of the government’s March employment report. Wall Street on Thursday ended its worst quarter since the first three months of 2020, which included the Covid pandemic lows in late March of that year. (CNBC)
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The Dow, the S&P 500 and the Nasdaq all dropped about 1.5% on Thursday. For Q1, the Dow and S&P 500 closed down 4.57% and 4.95%, respectively. The Nasdaq lost 9.1%. The start of a rate-hiking cycle from the Fed, high inflation and Russia’s invasion of Ukraine have all contributed to the struggles for equities so far this year. (CNBC)
Treasury spreads could be influenced by the jobs reports Friday, one day after the 2-year yield briefly rose above the 10-year yield for the first time since 2019, an inversion that often…
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2022-04-01 12:19:39
