$SPX In the Know - End of Day Market Wrap - 4-25-2022
All four market indices rose on the day after each started the day down. VIX fell as did crude oil.
The supply chain is far from free and clear as Beijing now faces a COVID wave with some fearing lockdowns are next.
German business confidence unexpectedly increased as companies overcame the immediate jolt from Russia’s invasion of Ukraine.
Emmanuel Macron has won five more years as France's president.
Headlines of the Day
Stocks Rebound Ahead of Big Tech Earnings Week
The S&P 500 rallied back in a choppy afternoon session to end near highs of the day, after falling to lows near the 4,200 level….
Oil Falls Below $100 as China’s Lockdowns Imperil Demand Outlook
Markets slump amid fears of wider restrictions in Beijing; WTI crude futures slide more than 6% on Monday in New York
Rumbling in Options Market Is Sound of Traders Rushing to Hedge
Equity outflows persist as ETF investors give up on dip buying; Higher yields pose threat with share valuations under attack.
Why China's Covid Lockdowns Pose Problems for Global Economy
China shows few signs it will relax its zero-Covid policy or roll out expansive stimulus to ease the pain. That could keep markets on edge.
Elon Musk to Buy Twitter for $44 Billion
Elon Musk clinched a deal to buy Twitter for $44 billion on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world's richest person.
Upcoming Economic Data to Watch for tomorrow 4-26-2022
United States Durable Goods Orders
United States Case Shiller Home Price Index YoY
United States FHFA House Price Index
New Home Sales MAR
Get the In the Know - End of Day Market Wrap