The Day Ahead

TOP NEWS

• SpaceX confidentially filed for a U.S. IPO, potentially the largest on record.
• Eli Lilly's weight-loss pill received US approval, setting up competition with Novo Nordisk.
• Intel will buy back Apollo's 49% stake in its Ireland factory for $14.2 billion.
• Pfizer and BioNTech halted a U.S. COVID vaccine study due to low recruitment.
• Tesla car registrations tripled in France and more than doubled in Nordic countries in March.

MARKET RECAP AT 4 pm ET

• Stocks rose as oil prices fell.
• Treasuries slipped due to strong economic data suggesting elevated Fed rates.
• Gold extended gains on a softer dollar.