Bitcoin traded around $39,000.
U.S Markets, U.S. bourse rebounded on Wednesday but closed off the best levels of the session following the tech-related selloff that sent the Nasdaq Composite to levels not seen since December 2020 - the benchmark ended little changed. The Dow Jones Industrial Average rose over 62 points or 0.19%, while the S&P 500 rose 0.21%.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 33301.93 | +61.75 | +0.19% |
| SP500 | S&P 500 | 4183.96 | +8.76 | +0.21% |
| I:COMP | NASDAQ COMPOSITE INDEX | 12488.933118 | -1.81 | -0.01% |
Earnings Report, Investors took in a fresh round of earnings and looked ahead to Thursday's report of GDP which is expected to rise just 1.1% in 1Q versus 6.9% in 4Q.
Boeing, Investors focused on a new crop of earnings led by Boeing. The plane maker lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Street had forecast, and the company's quarterly revenue also fell short of expectations.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| BA | THE BOEING CO. | 154.46 | -12.48 | -7.48% |
Microsoft shares rose after the company boosted its revenue forecast.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| MSFT | MICROSOFT CORP. | 283.22 | +13.00 | +4.81% |
Google, Alphabet Inc.'s share price dipped after results that fell short of analysts' estimates.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| GOOGL | ALPHABET INC. | 2,285.89 | -87.11 | -3.67% |
Commodities, oil prices rose with U.S. crude hovering around $102.02 per barrel, while Brent, the global benchmark, closed at $105.32 per barrel.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| USO | UNITED STATES OIL FUND L.P. | 76.37 | -0.02 | -0.03% |
| BNO | UNITED STS BRENT OIL FD LP UNIT | 30.09 | -0.03 | -0.10% |
