2023-04-21 06:49:40
Morning Action @ 7am – Thursday, April 20th 2023The trading theme at Wall Street still revolves around the worry that the Fed will continue to hike interest rates for too long.7am GLOBAL UPDATE:# SGX Nifty (+22, 17676)
# Dow Future (-23, 33873)
# Nikkei (-41, 28565)
# Hang Seng (-13, 20354)
# Dow (-80, 33897)
# Nasdaq (+4, 12157)
# Bovespa (-2250, 103913).
WHAT HAPPENED AT WALL STREET IN YESTERDAY’S TRADE:# Overnight, Wall Street spent most of Wednesday in the red, weighed down by tedious U.K. inflation data and mixed earnings from Netflix.
However, the positive takeaway was that major indexes came off their lows as the session wore on, with one of the three benchmarks closing in positive territory.
# At Wednesday’s close, the Nasdaq Composite eked out a marginal gain at 12,157, while the S&P 500 ended fractionally lower at 4,154 and the Dow Jones Industrial Average slipped 0.2% to 33,897.
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WTI crude futures drops 2.5% to $78.72 a barrel.
# *Bitcoin* tumbles to 28870 levels.
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COMEX Gold futures slips to $1993.
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The US Dollar index stable at 102 levels.
Disclaimer: This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments
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