US STOCKS-Wall St set to open flat ahead of Easter break, eyes sharp Q1 gains

From Nasdaq: 2024-03-28 08:21:29

Wall Street indexes set to open flat on last business day of strong first quarter, with gains driven by AI rally and rate-cut optimism. Dow just 0.6% away from 40,000 milestone. Focus on PCE report due Friday for inflation trend. Fed Governor Waller hints at delaying rate cuts, easing cycle may begin in June. Traders eye final Q4 GDP, consumer sentiment, and jobless claims data. Stock futures mixed, Nvidia dips, semiconductor index poised for double-digit gains, Take-Two buys Gearbox for $460 million, crypto and blockchain stocks rise, Walgreens cuts profit forecast.

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