"President Trump posted on social media that Iran's new regime president has asked the U.S. for a ceasefire, with Trump signaling he'd consider it once the Strait of Hormuz is open and clear."
"ADP's March non-farm employment report came in at 62K, blowing past estimates, though it remained just shy of February's revised reading. Education, healthcare and construction jobs were the biggest contributors."
"Microsoft is committing $5.5 billion to Singapore through 2029 to expand its cloud and AI infrastructure, deepening its foothold in one of the region's most strategically important tech hubs."
Markets experienced a boost following President Trump's announcement regarding Iran's request for a ceasefire. Major stock indices, including the Nasdaq Composite, saw gains of nearly 1%. Oil prices remain high despite a decline, staying above $100 per barrel. The private sector job report from ADP showed an increase of 62K jobs, surpassing estimates. Retail sales also rose by 0.6% in February, indicating stronger consumer resilience than anticipated. Big Tech stocks are leading the market, with significant investments from Microsoft in Asia.
Read at 24/7 Wall St.
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