From the desk of Jose Torres, IBKR Senior Economist
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From the desk of Jose Torres, IBKR Senior Economist

Markets declined at the open in response to President Trump escalating his outlook for strikes against Tehran and dip buyers stepped to the plate despite WTI climbing to nearly $114. Nevertheless, equities moved roughly sideways in mixed trading while Treasuries and the greenback advanced.

Economic Insights

Trump Address Sends WTI to $114, but Equity Investors Buy the Dip Anyway: April 2, 2026

Trump Address Sends WTI to $114, but Equity Investors Buy the Dip Anyway: April 2, 2026

President Trump’s address last night disappointed investors that were looking for details on how and when the Iran war will end.

From: IBKR Macroeconomics

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ForecastTrader

Nonfarm Payrolls Still Due on Good Friday, Tomorrow: April 2, 2026

Nonfarm Payrolls Still Due on Good Friday, Tomorrow: April 2, 2026

Despite the stock market being closed tomorrow on Good Friday, Treasuries will be open until noon and will likely react to the nonfarm payrolls release due at 8:30 a.m. EDT.

From: Interactive Brokers

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