Daily U.S. Stock Market News Briefing (April 7, Monday)
Important News
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U.S. President Trump: There is no inflation, reiterates that the Federal Reserve should cut interest rates.
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Traders are fully pricing in five rate cuts by the Federal Reserve in 2025.
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The Federal Reserve will hold a closed-door meeting of the Board of Governors at 11:30 AM local time on April 7.
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National Economic Council Director Hassett: It is time to moderate the (tariff) rhetoric.
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JP Morgan has lowered its target price for the S&P 500 index to 5,200 points, with the worst-case scenario set at 4,000 points.
Individual Stock News
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Microsoft (MSFT.O) responds to halting operations in China: The information is inaccurate.
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Faraday Future (FFIE.O) announces that the first vehicle of its second brand will open for reservations in the coming weeks.
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NOVARTIS AG (NVS.N) has had its application for a new indication of Icatibant injection accepted.
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Starbucks (SBUX.O) significantly slows its expansion plans in India due to middle-class consumers cutting back on spending.
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Meta Platforms (META.O) plans to invest nearly $1 billion in a data center project in Wisconsin.
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Meta Platforms (META.O) releases the open-source large model Llama 4, which for the first time adopts a "mixture of experts" architecture.
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Toyota Motor (TM.N) will increase its electric vehicle models to 15 by 2027, with annual production rising to 1 million units.
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Tech journalist Mark Gurman: Apple (AAPL.O) will not assemble iPhones in the U.S. in the short term or ask suppliers to lower prices