By Geoffrey Smith
Investing.com — The U.S. nears a big milestone on its economic reopening. The U.K. likewise. Factory orders and trade data for March are due. Pfizer (NYSE:), CVS, T-Mobile and Under Armour (NYSE:) all give their two cents’ worth on the progress of vaccination and reopening, with stocks struggling to get over the gain line in premarket. And carbon dioxide emissions futures are the latest commodity to hit an all-time high. Here’s what you need to know in financial markets on Tuesday, May 4th (Happy Star Wars Day!)
1. A broad reopening
New York, New Jersey and Connecticut said they will lift most coronavirus-related restrictions on business and social life within two weeks, in another milestone toward the full reopening of the U.S. economy.
New York Governor Andrew Cuomo told a press conference on Monday that capacity restrictions on offices, theaters and museums will be lifted from May 19. Stores, gyms and bars…