you. investors on wall street are poring over the latest corporate earnings and preparing for another possible interest rate hike from the u. s. federal reserve. many expect the central bank to announce another quarter point increase next month. the uncertainty made for a volatile trading session. on wednesday, the dow finished down about a quarter of a percent, the nasdaq and the s and p were basically flat. and the new trading day gets underway in the us in just a couple of hours. here s where future stand right now all in negative territory. similar story for european markets you can see there, and markets across asia are mixed. well as
up to $3600 a child. those brakes have now gone back to $2000 pour per kid more on tax day in a moment, but i look at wall street markets around the world. european markets are higher at this. is our asia closed mixed china s economy after a solid start, by the way, gross domestic product there grew by 4.5% in the first quarter and on wall street stock index futures are leaning up here on tax day. stocks clawed higher in a busy earning season yesterday, the dow rose 100, the s and p and nasdaq, also up on the day bank of america. goldman sachs netflix all report before the opening bell and on inflation watch gas prices rose a penny overnight to 3 68 a gallon. today we get key housing data building permits housing starts. those are due out later this morning. all right, but the main event just hours remain to get your tax returns in on time . want to bring in senior economist and research manager for federal tax policy at the tax foundation? erica york so
looking at markets around the world optimism that inflation has peaked lifted asian markets and europe opened higher here this friday morning on wall street stock index futures still processing that dramatically cooling inflation number yesterday, giving back a little bit. those numbers yesterday launched the nasdaq up nearly 2% the s and p, notching its highest close since february. here s the news that u. s. inflation at the wholesale level fell to 2.7% on an annual basis. the big news today. bank earnings jpmorgan chase, wells fargo and citi will report before the opening bell on inflation watch. gas prices rose two pennies overnight to 3 66 a gallon. the national average folks has risen every day since march. 29th retail sales data due out at 8:30 a.m. eastern will be the first chance to look at the consumer since the banking stress rocked markets and the economy last month. okay so really, it is time to return
that could change the game in a moment, but a quick look at wall street markets around the world this morning. european markets are higher this morning. asian markets finished mixed. and on wall street stock index futures this hour. looks like they re treading water up a little bit here, you know, stocks finished mixed yesterday. investors awaiting marches consumer price index due in a few hours. the s and p barely moved yesterday. the nasdaq down consumer prices are forecast to cool both monthly and annually. that reading would mark nine months in a row of cpi inflation cooling one window on inflation, gas prices of a penny overnight 3 62 a gallon and today the minutes from the fed s march meeting or due out this morning , giving further insight into the central bank s 25 basis point rate hike decision. alright brand new. the environmental protection agency has just released a proposal to tighten vehicle emission standards. if this goes through this new rule. could increase electric v
be cooling down in march, the us added. just 236,000 jobs, the smallest number of jobs added, since all the way back in late 2020 look at the markets around the world right now. asian markets finished mixed this morning. european markets are closed for the easter holiday, and on wall street. this will be the first time markets can react to that jobs report. the market was closed. good friday. futures are mixed here. markets finished mixed during the holiday shortened trading week. the s and p the nasdaq posting. weekly losses. you can see that the dow inching higher on inflation watch this monday morning. gas prices held steady overnight there now at 63 60 per gallon, a busy week on the economic calendar this week with a lot of inflation news, by the way, a consumer price index producer price index are both do and major banks jpmorgan chase, wells fargo and citigroup will report earnings this week critical because of all of that bank stress that has been slowly fading away. let s bring