Posted 4/8/2024, 10:17:53 AM
Stocks Decline Despite Strong Jobs Report; Focus Turns to Inflation Data, Fed Minutes
- Odds of a Fed rate cut in June now only 50-50 after strong jobs report
- Stock indexes fell last week despite jobs report; futures down Monday
- Key events this week CPI, Treasury auctions, ECB and Bank of Canada meetings, Fed minutes, bank earnings
- Oil prices hit 6-month high last week, easing Monday but still worrying markets
- Yellen warns China that Biden won't accept new industries being hurt by Chinese imports
