About this episode
Listeners, Wall Street closed sharply lower on Thursday amid investor caution over President Trump's 10-day pause on Iran energy strikes and ongoing United States-Iran talks, according to Zacks Investment Research. The Dow Jones Industrial Average fell 1 percent, or 469.38 points, to 45,960.11 United States dollars. The S and P 500 lost 1.7 percent, or 114.74 points, ending at 6,477.16 United States dollars. The tech-heavy Nasdaq Composite declined 2.4 percent to 21,408.08 United States dollars. Communication Services, Information Technology, and Industrials sectors dropped 3.5 percent, 2.7 percent, and 2.3 percent respectively, while Energy rose 1.6 percent, Zacks reports. NVIDIA led Dow losers, down 4.2 percent.Volume hit 16.50 billion shares, below the 20-session average. The University of Michigan consumer sentiment index for March revised lower to 53.3, below February's level, signaling weakening demand, per Marketscreener. Oil climbed 3.4 percent to 97.71 United States dollars a barrel amid supply concerns, Heygotrade notes. GDEV Inc. topped gainers at plus 19.96 percent to 15.99 United States dollars.Pre-market futures point lower Friday, with the Dow dropping over 400 points early, Heygotrade indicates. Watch tomorrow for Asian earnings from Chinese banks like Industrial and Commercial Bank of China and energy firms like PetroChina, plus United States software reports from Progress Software, as outlined by Sergey Tereshkin. Key upcoming releases include Nike and McCormick. Stay tuned for volatility from geopolitics and oil.Thank you listeners for tuning in, and please subscribe. This has been a Quiet Please production, for more check out quietplease.ai.For great deals check out https://amzn.to/403yeYoThis content was created in partnership and with the help of Artificial Intelligence AI
