Posted 3/4/2024, 9:04:10 AM
Stocks Steady After Record Highs; Investors Eye Data, Earnings Ahead of Fed, OPEC Meetings
- U.S. stock futures were mixed after the S&P 500 and Nasdaq hit record highs on Friday
- Investors are awaiting economic data like Services PMI and jobs report, as well as testimony from Fed Chair Powell
- Multiple companies like Nio, Stitch Fix, and Broadcom are slated to report earnings this week
- Oil prices rose on extended OPEC production cuts and Middle East tensions
- Asia-Pacific markets mostly ended higher on Monday ahead of China's annual "Two Sessions" policy meeting