The Day Ahead

• Blue Owl limits withdrawals from two funds due to surge in redemption requests.
• Tesla deliveries mark weakest quarter in a year; inventory swells.
• Bank of America's $72.5 million settlement with Epstein accusers wins preliminary approval.
• U.S. private credit faces potentially higher defaults due to software exposure.
• Ford first-quarter U.S. auto sales fall as affordability concerns weigh on demand.

MARKET RECAP

• Stocks ended mixed; oil prices jumped.
• Treasuries traded higher.
• Dollar rose sharply, weighing on gold.