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Hey listeners, it's Saturday, May 4th, and May the 4th be with you. I'm Francesca

Fontana for the Wall Street Journal and this is what's news and markets.

Our look at the biggest stock moves of the week and the news that drove them. Let's get to it.

May is here, everybody, and good riddens to April, right? I mean, after a stellar first quarter for the stock market,

April was the worst month of the year so far for the major indexes,

with all three posting monthly losses.

But we've got a new month, full of possibility,

and plenty of room for optimism like say for

interest rate cuts. Investors were holding their breath for the Fed's policy

announcement Wednesday aka Fed Day when Jerome Powell indicated that the bar to cut interest rates has gone up,

and rates remained unchanged.

It was a relief for those dreading a possible hike, but still no sign of when cuts might start.

Still, the three major indexes manage to end the week higher.

To you coffee drinkers listening, please grab a cup.

We're talking about Starbucks. I'm hugely dependent on caffeine myself, but I will admit I am drinking some mellow herbal tea here in the studio.

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