News Snapshot:
Japan Market closed. China -0.59%. China Caixin / S&P Global Services PMI 56.4 vs. expected 57.3. Hong Kong +0.48%. Australia +0.37%. Australian data - housing finance in March solidly higher. The Reserve Bank of Australia’s latest monetary policy statement indicates the central bank has already reached its peak cash rate of 3.85%, Commonwealth Bank of Australia said in a Friday note. India -0.83%. Overnight in the U.S., major US stock indices are on a three-day losing streak to start the month of May. The Dow Industrial Average led the way to the downside, but it was regional banks that stole...
