The Market In 5 Minutes: Lithium Demand, Netflix Upgrade, Bank Earnings And More

IN THE NEWS

Stocks set for biggest weekly gain in a month as risk appetite returns: Link

Speaker of the House Paul Ryan has announced his retirement, a decision that has sparked talk that President Donald Trump could be vulnerable to impeachment prior to the 2020 election: Link

The financial sector has seen the third largest increase in expected earnings growth since the start of the Q1, according to Factset's Earnings Insight report for the week ended April 6: Link

President Donald Trump this week stepped up preparations to counter political and military challenges that could reshape his presidency: Link $

Rocketing demand and prices for lithium, coupled with China’s stranglehold on supply, are reviving interest in mining Europe’s reserves of the coveted metal some call white petroleum: Link $

Bernie Madoff victims are about to get a long-awaited payday: Link

ECONOMIC DATA

• St. Louis Federal Reserve Bank President James Bullard will speak in St. Louis at 9:00 a.m. ET.
• The University of Michigan's consumer sentiment index for April is schedule for release at 10:00 a.m. ET.
• The Labor Department's JOLTS report for February will be released at 10:00 a.m. ET.
• The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.
• Dallas Federal Reserve Bank President Robert Kaplan is set to speak in Odessa, Texas at 1:00 p.m. ET.

ANALYST RATINGS

• Deutsche Bank upgraded Netflix NFLX from Hold to Buy
• Morgan Stanley upgraded Holly Frontier HFC from Underweight to Equal-Weight
• Stifel downgraded Glaukos GKOS from Buy to Hold
• Jefferies downgraded Murphy USA MUSA from Buy to Hold

This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.