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22.04.2020 S&P 500 DailyAnalysis
S&P 500 is trading at $2,736.56 (-3.07%). In the past 2 days, S&P 500 has fallen by up to 5% due to the May WTI contract going as low as -$40 which
Yazar: Zack Smith
Yayınlanma: 23 Nisan 2020 14:13
Güncellenme: 17 Kasım 2024 05:27
22.04.2020 S&P 500 Daily Analysis
S&P 500 is trading at $2,736.56 (-3.07%). In the past 2 days, S&P 500 has fallen by up to 5% due to the May WTI contract going as low as -$40 which has never happened before and Brent oil to its lowest price since 1999. This move-in oil prices affected the whole US stock market even stocks such as NFLX, which had been doing well and was deemed as a stay-at-home stock, was seen going down. NFLX earnings report was released yesterday and it more than doubled its projections for new customers for the first quarter, which is exceptionally good, making it a top performer in the S&P 500. However, this top performer was affected by the move in oil prices (NFLX is definitely one of the stocks to keep an eye on during this pandemic).İLGİLİ HABERLER
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