19 Apr 2023 Market Close & Major Financial Headlines: Small Caps Nosedive, While The Dow Remained Above The Unchanged Line During The Entire Session, Marking The Sixth Down Session For The S&P 500
Summary Of the Markets Today:
- The Dow closed up 211 points or 0.56%,
- Nasdaq closed down 2.05%,
- S&P 500 closed down 0.88%,
- Gold $2,403 up $4.80,
- WTI crude oil settled at $83 up $0.48,
- 10-year U.S. Treasury 4.621% down 0.024 points,
- EUR/USD index $1.065 up $0.001,
- Bitcoin $64,299 up $921 (1.45%), – Historic high 73,798.25
- Baker Hughes Rig Count: U.S. +2 to 619 Canada -14 to 127
*Stock data, cryptocurrency, and commodity prices at the market closing.
Click here to read our current Economic Forecast – April 2024 Economic Forecast: Economy Marginally Improving But Growth Will Be Weak
Today’s Economic Releases Compiled by Steven Hansen, Publisher:
No releases today
Here is a summary of headlines we are reading today:
- Researchers Develop Revolutionary Cathode Material for Lithium-Sulfur Batteries
- Peter Schiff Questions Bitcoin’s Value As ‘Halving’ Event Nears
- U.S. Drilling Activity Inches Up
- Oil Price Volatility Soars Amid Geopolitical Uncertainty
- Profit Taking Is Putting Downward Pressure on Oil Prices
- Nasdaq falls more than 2% to post 6th straight losing day as Nvidia craters 10%: Live updates
- Super Micro plunges as investors rotate out of red-hot AI stock ahead of earnings later this month
- New York AG says $175 million Trump fraud bond isn’t properly backed, should be voided
- Bitcoin rises to $64,000 in the final hours before the halving: CNBC Crypto World
- Bitcoin halving isn’t a big deal for long-term investors, but may have a ‘huge’ impact on one key group, says Columbia professor
- How Big Tech Is Consuming America’s Electricity And Water
- Fed report highlights risks to financial stability if interest rates stay higher for longer
Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.