Stock Market Update

28-Apr-23 15:40 ET

Treasuries log gains across the curve; Major indices trying to close near session highs

Dow +200.31 at 34026.38, Nasdaq +51.78 at 12194.00, S&P +25.85 at 4162.47

[BRIEFING.COM] The major indices are trying to close this last trading day in April on an upbeat note.

Treasuries settled with gains across the curve. The 2-yr note yield fell three basis points to 4.06% and the 10-yr note yield fell eight basis points to 3.45%.

Ahead of the open on Monday, Global Payments (GPN), ON Semiconductor (ON), Norwegian Cruise Line (NCLH), KBR (KBR), and SoFi Technologies (SOFI) are among the more notable companies reporting earnings.

Market participants will receive the following economic data on Monday:

9:45 a.m. ET: April IHS Markit Manufacturing PMI - Final (prior 50.4)
10:00 a.m. ET: March Construction Spending (Briefing.com consensus +0.1%; prior -0.1%) and April ISM Manufacturing Index (Briefing.com consensus 46.8%; prior 46.3%)