From Nasdaq: 2024-04-07 16:43:46

Last week, the market saw fluctuations with an initial plunge on Thursday followed by recovery on Friday due to a better-than-expected jobs report. Despite this, the S&P 500 still ended the week down almost 1%. Tesla faced challenges as Reuters reported plans to scrap low-cost EV projects, leading to a 6% decline in the stock.

This week, keep an eye on crude oil prices and the 30-year bond auction for investor confidence indicators. The CPI data release could impact market sentiment based on inflation expectations. Additionally, watch for FOMC meeting minutes and PPI data which could offer insights into future rate decisions and inflation trends, influencing market movements.



Read more at Nasdaq: CPI, Crude Oil and Other Key Things to Watch this Week