top of page

Stock Market Update Friday April 19, 2024

Stock Market Update Friday April 19, 2024 Tech stocks suffered a significant setback, with a 2.1% decline on the Nasdaq 100, while Bloomberg’s Magnificent 7 gauge experienced a more substantial loss of 3.4%, far exceeding the S&P 500's 0.9% downturn.


Away From Stocks: Treasury's experienced only a modest rebound, with 2- and 30-year yields closing at 4.97% and 4.72%, respectively. This reflects a slight decline of one and two basis points from the previous day but remains notably above the levels of 4.88% and 4.61% recorded last Friday. Meanwhile, WTI crude oil remained stable at $82 per barrel following an overnight surge and subsequent reversal, while gold briefly tested the $2,400 mark before settling at $2,388 per ounce. Additionally, the VIX, a measure of market volatility, edged higher towards 19.



Knowing when and in which direction to invest is key to success, which is why we rely on our algorithms.



Get Started Stock Market Daily News Letter+ Free Trial No Credit Card Required

 

Want to read more?

Subscribe to algotradealert.com to keep reading this exclusive post.

Comments

Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page