US Wholesale Inventories MoM (Mar) M/M 1.3% vs. Exp. 1.4% (Prev. 0.8%)
The US Wholesale Inventories for March came in slightly below expectations at a month-over-month increase of 1.3%, compared to the anticipated 1.4%, but this is a notable improvement from the prior month's 0.8%.
ECB President Lagarde says climbing energy costs will push up input prices, may then be passed to consumer
Sir Christopher Hohn’s hedge fund TCI has cut its stake in Microsoft (MSFT), reducing it from 10% to around 1% of its portfolio, FT reports
US Wholesale Inventories MoM (Mar) M/M 1.3% vs. Exp. 1.4% (Prev. 0.8%)
AWS (AMZN) says affected customers in US-East-1 region may see errors for resume and restart workflows and failover operations and availability issues
US EQUITY OPEN: Tech leads stocks higher as NVDA hits a new ATH as Iran response awaits
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This modest miss may suggest a slight cooling in inventory accumulation, which could have implications for future production and consumption trends. Investors should consider how this data might impact growth outlooks and related monetary policy decisions going forward.
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