Posted 3/27/2024, 8:44:36 AM
Stocks Set to Rebound After Tesla Boost; Asia Mixed Ahead of Earnings Reports, Economic Data
- U.S. stock futures edged higher after recent declines across major indices like the Nasdaq, S&P 500, and Dow Jones
- Tesla stock rose on CEO Elon Musk's plan to offer a free Full Self-Driving trial, while Krispy Kreme surged on a McDonald's partnership
- Corporate earnings reports due today include Cintas, Paychex, Jefferies, and H.B. Fuller
- Asia-Pacific markets ended mixed, with Hong Kong's Hang Seng and Chinese indices falling while Japan's Nikkei and Topix rose
- The text discusses upcoming economic data like the PCE inflation report on Friday and factors influencing markets like crude oil prices and Treasury yields