Show notes
- US equity markets opened the new month and quarter with modest gains, recovering from earlier losses as Treasury yields retreated from multi-decade highs and investors eyed tonight’s AEST jobs figures – Dow inched +21-points or +0.04% higher. Boeing Co (up +3.35%) and Salesforce Inc (+3.1%) rallied over >3%, while International Business Machines (IBM) Corp gained +2.59%. Walt Disney Co (down -3.4%) and Amgen Inc (-3.38%) both fell ~3.4%, with the former planning to cut hundreds of jobs as part of a restructuring of its television operations according to the Wall Street Journal.