From Nasdaq.:

Asia-Pacific markets closed mixed, with Hong Kong, Japan, and China down while India, South Korea, Australia, and Taiwan rose. Fed Chair Powell indicated a pivot to rate cuts this year. European markets are up, U.S. futures also higher. Earnings reports from Broadcom, Marvell, Costco post-market. China’s exports up 7.1%, imports rose 3.5% in Jan-Feb 2024. ECB expected to keep policy rate at 4%. Dow, S&P 500, Nasdaq, Russell all gain. Shares of Dexcom surge 9.8%. American Eagle, Big Lots, BJ’s Wholesale among those reporting earnings pre-market. Honest Company beats earnings expectations, OneSpan guides 2024 revenue higher, Victoria’s Secret warns of potential loss. Buckle reports 11.5% YoY comp store sales growth in February. U.S. government to invest $3.5B in Intel for advanced semiconductors. Broadcom, Costco, Marvell, Gap among companies reporting earnings after market close. Japan, Eurozone, U.S. employment reports due Friday.



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