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US Futures are Higher on the Final Trading Day of Q1

US Futures are higher on the final trading day of Q1.  On the economic front, weekly jobless claims fell 12k to 215k.  February personal income and spending both matched expectations with income rising 0.4% and spending rising 0.2%.  Core PCE was slightly higher than expectations, rising 1.6% yoy.  Later this morning the market will get data on Chicago PMI and a final read on March consumer sentiment.  European stocks are trading higher after German unemployment fell to 5.3%, a record low.  Asian shares closed mostly higher with China’s Shanghai leading the gains.  Technology shares continued to lag other sectors.

 

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