Posted 4/4/2024, 1:19:01 PM
Stocks Seek Rebound After Fed Remarks; Disney Fends Off Activist As Apple Eyes Robotics
- U.S. stocks aim to break losing streak as markets digest Fed Chair Jerome Powell's comments and await Friday's jobs report
- Disney's board defeats activist investor Nelson Peltz's attempt to gain a board seat, with 75% of shareholders voting to keep current directors
- Apple is reportedly exploring personal robotics for the home, including a robot that can follow users and a robotic tabletop display
- Fed leaders including Patrick Harker, Austan Goolsbee, and Loretta Mester giving speeches today
- Disney faces challenges as consumers shift from cable to less profitable streaming services