Morning Report 31 Mar 22: ASX looks towards best month since Nov 2020

The ASX 200 is set for a small gain at the start of  trade on Thursday , as investors look to preserve a 6.6% gain in monthly terms.  US sharemarkets fell on Wednesday as hopes faded for a de-escalation in the war in Ukraine and investors assessed the risks to US economic growth from accelerating inflation. Apple shares, which have risen for 11 consecutive sessions, fell by 0.7% after a report that it's working to bring more financial services in-house. Shares of Procter & Gamble also dipped 0.7% following a downgrade from JPMorgan. The Dow Jones index closed lower by 65 points or 0.2% and the S&P 500 index lost 0.6%, both snapping a 4-day winning streak. And the Nasdaq index shed 177 points or 1.2%. 

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