Stock Market Update: Traders on Edge for Key Data and Fed Chair Powell's Speech

Wednesday, 3 April 2024, 11:45
Stock futures signal a hesitant start on Wall Street as traders closely monitor the impact of recent setbacks in the tech sector and external events like the Taiwan earthquake. The focus is on upcoming key data releases and insights from Fed Chair Powell's speech, providing grounds for cautious optimism amidst prevailing market uncertainties.
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Stock Market Update: Traders on Edge for Key Data and Fed Chair Powell's Speech

Stock Market Update

Gloom persists on Wall Street as stock futures point to a sluggish start on Wednesday, with the tech space potentially pressured by recent setbacks and the earthquake in Taiwan, home to several tech industry suppliers. Traders also face key data on services and jobs, along with remarks from several prominent figures.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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