April 19, 2021

U.S. stocks slipped from record levels to start the week as the weakness in the technology sector weighed on the broader market.

Dow Jones finished -122 at 34,077

S&P 500 finished -22 at 4,163

NASDAQ finished -138 at 13,914

The 10 Year Treasury closed up 3 basis points yielding 1.60%

Oil prices closed up $0.32 ending at $63.45 a barrel.

Gold prices closed down $9.60 ending at $1,770 an ounce.

In the days’ stock news:

Tesla closed down more than 3% as police officials in Texas probe the deadly crash of a Tesla vehicle. Based on a preliminary investigation, police told KPRC 2 they believe nobody had been behind the wheel.
Peloton dropped more than 7% after the U.S. Consumer Product Safety Commission issued a warning about Peloton’s Tread+ product being dangerous when children or pets are in the house. Peloton said that it would not recall the product, as one lawmaker called on the company to do.