The three major U.S. stock indexes fell across the board on the 19th, with the Dow and the Standard and Poor’s 500 index retreating from record highs
On the first trading day of the week, U.S. stocks retreated from last week’s highs, with all three major indexes closing lower and technology stocks leading the decline. At one point in the session, the Dow fell more than 200 points, closing down more than 120 points, with the Standard and Poor’s 500 index closing down 0.5 percent and the Nasdaq down about 1 percent.
Bitcoin hits roller coaster as Tesla closes down 3%
Bitcoin’s plunge on Monday was the focus of market attention. Bitcoin fell 19 percent from a high of $64,000 over the weekend, according to CoinMetrics, a cryptocurrency data research firm, and stabilized around $56,000 on Monday. Coinbase, the largest U.S. digital currency exchange, fell 2.6 percent on Monday, while Tesla Inc., which owns bitcoin, fell about 3 percent.
Good earnings Demand picks up Coca-Cola shares edged higher on Monday
Coca-Cola Inc. reported better-than-expected revenue and profit for the first quarter of the year on Monday, while Coca-Cola said demand had returned to pre-epidemic levels in March, boosting its shares to close up 0.6 percent.
Takeover deal meddling VTech shares fall more than 3%
Shares in British chipmaker Arm, which has closed down more than 3 per cent, said it had intervened on security grounds to intervene in a deal to buy ARM, a British chip designer
Europe’s three major stock markets rose and fell on the 19th, the German stock market fell from a record high
Only France edged up 0.15 per cent on Monday, while Germany retreated from last week’s high to close down nearly 0.6 per cent. On Monday, Europe’s top 12 clubs announced the creation of the “European Super League”, triggering a huge shock in European football. As a result, shares in Juventus, one of the 12 Italian-listed clubs, jumped more than 15 per cent.
The weakening of the U.S. dollar International oil prices rebounded on the 19th International gold prices fell on the 19th
A weaker dollar helped international oil prices rebound on Monday, with WTI light crude for May delivery and Brent crude for June delivery up about 0.4 percent, with Brent crude trading above $67 a barrel. International gold prices failed to extend last week’s gains on Monday, with june delivery closing down 0.5 per cent at $1,770.60 an ounce.
