News Highlights : Top Global Markets News of the Day – Monday at 1 AM ET -April 01, 2024 at

The Stock Market's Magnificent Seven Is Now the Fab Four 
 

Some investors say it is a bullish signal that the market is rallying without the likes of Apple and Tesla because it means other groups are taking part.

 
China's Recovery Picks Up as Stimulus Measures Sink In 
 

China’s sprawling manufacturing sector returned to expansion in March after five months of decline, adding to signs of a stabilizing economy as recent stimulus measures start to kick in.

 
Bank of Japan Tankan Survey Shows Mixed Results Amid Rate-Hike Speculation 
 

Sentiment among large Japanese manufacturers worsened for the first time in four quarters, but the survey also sent some positive signals amid speculation over the central bank’s next move.

 
Week Ahead for FX, Bonds 
 

U.S. monthly jobs data return to the spotlight as investors expect the Federal Reserve will lower rates over coming months, while in Europe investors will focus on German inflation figures.

 
Wealth Management Is a Risky Gold Rush for Banks 
 

Catering to the rich offers high returns and room for growth, but it is not for every big lender.

 
Inflation Victory Is Proving Elusive, Challenging Central Banks and Markets 
 

In the U.S. and Europe, underlying inflation has stopped falling or edged higher recently, weakening the case for rate cuts.

 
Venture Firms Helped Unleash AI To the World. Now They Are Using it Themselves 
 

While venture firms have long tinkered with using AI internally, the emergence of more advanced and generative AI has supercharged what investors say they can do.

 
Fed's Favored Inflation Gauge Rose to 2.5% in February 
 

The overall personal-consumption expenditures price index rose in line with economists’ expectations for February.

 
Kansas City Fed Services Activity Index Rises at Slower Pace in March 
 

The Tenth District Services Survey’s composite index came in at 7 in March, down from 12 in February and up from minus 2 in January.

 
Gold Is Rallying. It Isn't About Inflation This Time. 
 

The metal serves as a hedge against fear itself, making it an appealing asset for our times.

(END) Dow Jones Newswires

04-01-24 0115ET