Date

**__ Diplomatt’s Daily Digest – April 4, 2022__**
Good morning and happy Monday! U.S. stock index futures were mostly flat this morning as traders monitor the bond market’s warning signals about the economy. An often-cited recession signal was triggered Thursday evening when the 2-year and 10-year Treasury yields inverted for the first time since 2019. The 5-year note yield is also trading above its 30-year counterpart. Investors are also monitoring the latest developments in Ukraine. German Chancellor Olaf Scholz announced that Western nations would impose additional sanctions on Russia in the coming days. Wall Street is coming off a winning session, with the Dow, S&P 500, and Nasdaq posting gains Friday. The S&P 500 also posted its third straight week of gains. Friday’s positive session came despite March’s employment report, which fell short of economists‘ estimates. The U.S. economy added 431,000 jobs during the month, while estimates from Dow Jones called for 490,000.

Quote of the week: „Wake up determined, go to bed satisfied.“ – Dwayne „The Rock“ Johnson

**General News:**
• An urgent search is underway for multiple suspects after a shooting in downtown Sacramento, California, left six people dead and 12 others injured early Sunday morning.
• Ukrainian President Volodymyr Zelensky made a surprise video appearance at the music industry’s star-studded Grammy Awards celebration in Las Vegas and appealed to viewers to support his country „in any way you can.“
• Elon Musk purchased a giant stake in Twitter, making him the largest outside shareholder in the social media stock, not long after criticizing the company for failing to uphold the tenets of free speech and sending Twitter stocks soaring. Musk owns 73,486,938 shares of Twitter, which represents a 9.2% passive stake in the company. Stock
• Telsa reported first-quarter vehicle production and delivery numbers for 2022. 310,048 delivered and 305,407 produced. This is up significantly from last year with 184,800 delivered and 180,338 produced.
• Howard Schultz’s first act on his return as Starbucks CEO is to pause the company’s share buyback program.
• Airlines canceled hundreds of weekend flights, and thousands more were delayed as thunderstorms in Florida slowed traffic in one of the country’s top travel destinations during spring break.

**StockTwits Top 10 Trending Tickers of the Day:**
1. DWAC
2. TWTR
3. TSLA
4. SBUX
5. DOGE
6. SST
7. GREE
8. JPM
9. LGVN
10. AMP

More articles