Top news
US stocks erase all losses for the year
By Bryce Elder, Hudson Lockett & Harry Dempsey
Nasdaq Composite Touches 10000 as Post-Virus Rally Marches On
By Karen Langley
S&P 500 erases its loss for the year as stocks rally on reopening optimism
By Yun Li & Fred Omar Imbert
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
April @SPGlobal U.S. Manufacturing PMI down to 49.9 vs. 52 est. & 51.9 prior; Services PMI down to 50.9 vs. 52 est. & 51.7 prior; Composite down to 50.9 vs. 52 est. & 52.1 prior pic.twitter.com/R3rfdycVti
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Liz Ann Sonders
LizAnnSonders
S&P 500’s rolling 1-month correlation has moved higher but remains low relative to history (especially when comparing to prior corrections) pic.twitter.com/0xGM4kieRc
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Ryan Detrick, CMT
RyanDetrick
S&P 500 with a max pullback of 5.5% in '24 so far.
Since 1980, only 4 full years saw a smaller pullback.
Avg yr since 1980 with a 14.2% max pullback. pic.twitter.com/2SZwV4mwlL
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Stocks suffer their worst day since March, with the Dow plunging more than 1,800 points
By Yun Li & Fred Omar Imbert