2018 Economic Calendar
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Market Reflections  

April 4, 2018
Both ADP and the ISM employment index showed strength and point to yet another month of outsized gains for the monthly employment report which, in data for March, will be posted on Friday. Tariff effects on metal and steel are the economic focus now and the ISM report does cite related price swings for construction materials.

And tariffs are the focus of the stock market which fell in opening trade after China published a long list of possible U.S. targets of its own before. The Dow opened 0.5 percent lower but climbed through the session to post a strong 1.0 percent gain to 24,264. Other markets were surprisingly stable with the dollar nearly unchanged and bonds only slightly lower as the 10-year yield crept 2 basis points higher to 2.80 percent. Oil, at $63.50, and gold, near $1,340, were little changed.

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