08:30 AM GMT, United Kingdom - PMI Data for April:
- S&P Global Composite PMI (flash): actual 48.2 vs forecast 50.4; previous 51.5;
- S&P Global Manufacturing PMI (flash): actual 44 vs forecast 44.0; previous 44.9;
- S&P Global Services PMI (flash): actual 48.9 vs forecast 51.5; previous 52.5;
Daily Summary: Wall Street Rotation – Dow Jones gains while AI sector counts losses
BREAKING: Oil inventory report still shows a decline. WTI crude oil at its lowest since the end of February
Fed Warsh tones down the hawkish sentiment and gives hope gold bulls🟡
US Open: Market under pressure from US data and lack of guidance from Warsh