For most people, April Fool's is a light-hearted and fun day but if you're a news trader, it's a minefield. In the AI era, it's going to be even worse as fake news can take on an indistinguishable air. There's also a big cohort of the internet that would love to fool Wall Street.
Don't take anything at face value.
Real news on the schedule today includes:
- 9:45 am ET - US final S&P Global manufacturing PMI
- 10 am ET - ISM manufacturing
- 10 am ET - Construction spending
- 10:30 am ET - Canada business outlook survey from the BOC
The Fed calendar is empty so be wary of any Fed headlines.
