Prices of rice exported from top hub
India hovered around a three-month low on sluggish demand and
abundant supplies, while Thai rates increased to a more than
one-month high on favourable domestic.
U.S. stock index futures gained on
Friday, lifted by upbeat corporate updates from Apple and Amgen,
while traders braced for a key jobs report for a clearer outlook
on the labor market and the.
U.S. stock index futures extended
gains on Friday as fresh evidence of easing labor market
conditions boosted hopes that the Federal Reserve could cut
interest rates sometime this year. . -May 03, 2024 at 08:33 am EDT
- MarketScreener
Wall Street's main indexes were set to open higher on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this year, while gains in Apple and Amgen on upbeat corporate updates added support. The Labor Department report showed U.S. nonfarm payrolls increased by 175,000 jobs in April, compared with expectations for an increase of 243,000, according to economists polled by Reuters. The unemployment rate stood at 3.9% compared with expectations
(Reuters) -Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly revenue decline in more than a year. Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling more than 10% this year as fears mount about its slow roll-out of artificial intelligence services and as a resurgent Huawei takes market share in China. Analysts on average see iPhone sales, which account for about half of Apple's revenue, falling 10.4% in the first three months of 2024, according to LSEG.