STOCKS/ECONOMY
-Stock futures are modestly lower after the major indices rallied during the last four days of last week. Investors are beginning a week packed with key earnings reports and ending with the April jobs report due out Friday.
-The yield on the 10-year Treasury bond is at 4.27 percent.
-Gold is at the $3,302 per ounce level. Bitcoin is up to the $95,100 level.
-Asian markets closed mixed today. The Nikkei rose 0.4 percent, the Hang Seng closed just below the breakeven mark, and the Shenzhen fell 0.6 percent.
OIL/ENERGY
-U.S. crude prices are flat and at the $62 a barrel level.
-Gasoline prices are down to $3.14 a gallon, national average.
TRADE TUMULT
-Dozens of Chinese factories are shutting down because of the added tariffs slapped on their products. Many of the most affected businesses make toys, sporting goods or low-cost items sold at places like dollar stores.
-Treasury Secretary Scott Bessent says it's China that is escalating trade tensions now and it's up to Beijing to cool things down.
-More than 10 Chinese officials were spotted heading into the U.S. Treasury Department building last Thursday even as Beijing denied President Trump's statement that trade talks were underway between the U.S. and China. The Chinese regime pressured the South Korean news site that published the pictures to cover up the faces of the officials in order to promote the falsehood of no talks.
AIR DEALS
-Average domestic airline ticket prices are going down as demand cools. March fare averages fell by 5.3 percent. But demand for overseas travel remains strong.
DEALS/NO DEALS
-DoorDash (DASH) is making a $3.6 billion bid to takeover British food delivery service Deliveroo. DoorDash shares are slightly higher on the news, while Deliveroo shares are up 17 percent in London market trading today.
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