Daily Report 20.04.2022
Објавено: 20. 04. 2022

Dow adds 499 points, Nasdaq climbs 2% as investors shake off slow start to week; European stocks close lower as traders watch Russia’s next move in Ukraine 
Stocks rose on Tuesday as traders navigated one of the busiest weeks of corporate earnings season, and monitored the latest moves in interest rates. 
The Dow Jones Industrial Average gained 499.51 points, or 1.45%, to close at 34,911.20. The S&P 500 rose 1.61% to 4,462.21, and the Nasdaq Composite surged 2.15% to 13,619.66. 
Hasbro shares added about 5% despite the toy company posting a weaker-than-expected profit for the previous quarter. Its revenue was in line with estimates. Travelers Companies dropped 4.9% and Lockheed Martin shares lost 1.6% after posting mixed results. 
The energy market may have helped trader sentiment on Tuesday, with prices for oil and natural gas both declining sharply. Kourkafas said the declines may have provided “some relief” for investors worried about inflation. 


The pan-European Stoxx 600 slid 0.7% by the end of trade, with the insurance sector leading the losses and energy stocks eking out some slim gains. On Tuesday, the International Monetary Fund also cut its global growth projections for 2022 and 2023, saying the economic impact from Russia’s invasion of Ukraine will “propagate far and wide.” 
Source: CNBC, Investing.com