SQUAWK BOX, FRIDAY 5TH APRIL, 2024
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The Dow sees its worst day in over a year and eyes its worst week in more than a year, as Minneapolis Fed President Neel Kashkari raises the possibility of no rate cuts this year. The U.S. jobs report comes into view with markets expecting payroll growth to slide to 200,000 in March. President Biden warns Israel's leader that America's continued support for its war with Hamas depends on the treatment of civilians in Gaza, calling the humanitarian situation "unacceptable". Elsewhere Bob Iger looks to move on from his boardroom battle with activist Nelson Peltz. And Samsung Electronics guides for a more than 10-fold increase in first quarter operating profit amid a rebound in global chip prices.
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