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Wall Street Set For Weak Open As Fed Speeches, Key Data Eyed: Amid Bitcoin Plunge And Gold Spike, Market Analyst Sees 'Nothing Breaking The Upward Trend'

Benzinga ·  Apr 2 07:24

U.S. stocks are expected to open lower on Tuesday, as worries from Monday's session seem to carry over. Investors will be closely watching economic data, particularly job market figures, to assess the economy's health. Strong economic data could raise concerns about the Federal Reserve maintaining interest rates or even raising them further, which would likely be negative for the stock market. Additionally, several Fed speeches scheduled for today might offer clues about the future of interest rates.

Cues From Previous Session

Strong manufacturing data released on Monday spooked investors, leading to a mixed close for the market...

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