April 26, 2022

April 26, 2022

The aggressive selling we saw last Friday continued into trading today with the S&P 500 closing at levels not seen since early March and the tech heavy NASDAQ closing at a new 52 week low.

At the close:

  • Dow -809 to 33240
  • S&P 500  -121 to 4175
  • NASDAQ  -514 to 12490
  • Oil  +3 to 101.60
  • Gold  +8 to 1935

Tesla was down 12% as some wonder if Musk will need to sell some shares to pay for Twitter.  GE dropped 10% to a new 52 week low after reporting good earnings but disappointing guidance.  Sherwin Williams gained 9% after a strong quarterly report.

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