VWO - Fed Rate Cut Delay Weighs On Asia Stocks Europe Markets Rise Gold Hits $2290 - Global Markets Today While US Slept | Benzinga
On Tuesday, April 2nd, the U.S. stock markets ended lower as concerns grew over a potential delay in Federal Reserve rate cuts, and Tesla shares fell after reporting a decline in quarterly deliveries for the first time in nearly four years.
Tesla’s shares fell after announcing its first annual delivery drop since 2020 on Tuesday, citing the Model 3 update, factory closures from the Red Sea conflict, and an arson attack at its German plant as reasons.
In economic data, U.S. factory orders rose 1.4% to $576.8 billion in February after January’s 3.8% drop. Job openings slightly increased by 8,000 to 8.756 million in February, aligning with market predictions.
Most S&P 500 sectors ended lower Tuesday, led by declines in health care, consumer discretionary, and real estate stocks. ...