Many major stock markets are closed for Easter Monday.
In the US, strength is the call for today’s economic data including another 60.0 score for ISM manufacturing and a solid 0.5 percent rise for construction spending.
On Tuesday April 3rd, Spotify Technology begins trading on the NYSE.
Ford and GM release their monthly sales reports for March. Traders believe the industry needs a victory here, after a streak of declines. Note that “peak auto” clearly happened in 2016. The surge late last year stemmed from the impact of not one but two hurricanes.
Also, watch for Friday’s important employment report for March. Experts are looking for 175,000 newly-created jobs following February’s surprising surge of 313,000 new payrolls. That should be enough to move the dial on the unemployment rate from 4.1% to 4.0%, and spur yet-another bump up in wages.