Tuesday, October 26, 2021

Global Market Square

By on April 26, 2021

The U.S. and eurozone stock markets closed mostly higher in Monday’s session, except for the Dow Jones Industrial Average. The record-breaking drama continued Monday, with the technology-laden Nasdaq Composite setting a new record and closing at 14,138.78.     

Investors are beginning to look ahead at the tech company earnings season, which begins as follows:

  • Microsoft (MSFT) on April 27
  • Facebook (FB) on April 28
  • Amazon (AMZN) April 29
  • Apple (AAPL) on April 30

There are high expectations that all companies will deliver robust results as already north of 25% of all S&P 500 companies have reported, and 84% of this group has shown better than expected 1Q21 earnings.

The economic calendar for this week includes the following on April 29-30:

  • U.S. Real GDP
  • U.S. Personal Savings Rate
  • U.S. Initial Claims for Unemployment

On April 30:

  • U.S. Personal Consumption Index
  • U.S. Personal Income
  • U.S. Personal Consumption Expenditures.

In the eurozone, the markets ended with gains; a summary follows:

  • Stoxx 600 closed at 440.31, up 1.28 points, or 0.29%.
  • FTSE 100 closed at 6,963.12, up 24.53, or 0.35%
  • Dax index closed at 15,296.34, up 16.72, or 0.11%.

Wall Street summary for April 26, 2021,

  • The Dow Jones Industrial Average closed at 33,981.57, down 61.92 points, or 0.18%.
  • The Standard & Poor’s 500 closed at 4,187.62 up, 7.45 points, or 0.18%.
  • The Nasdaq Composite Index closed at 14,138.78, up 121.97 points, or 0.87%.
  • The Birling Capital Puerto Rico Stock Index closed at 2,501.99, up 57.73 points, or 2.36%.
  • The U.S. Treasury 10-year note closed at 1.58%
  • The U.S. Treasury 2-year note closed at 0.18%.

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