First Look
Tech stocks continue to lead a rally Wednesday. Telsa (TSLA) is higher after the company announced plans to accelerate the launch of a lower-cost model. Meta Platform (META) is among the companies reporting earnings later today. IBM (IBM) and Boeing (BA) are also scheduled to report. The Nasdaq is up 0.67%, the S&P is up 0.26%, and the Dow Jones is up 0.04%.
Today's Sentiment
NeutralQuote of the Day
The trouble with being poor is that it takes up all your time.
Willem de Kooning
Daily Action Trade
Stocks on the Move
Higher
Lower
Upgrades & Downgrades
Upgrades
Downgrades
International Markets
Stocks in Asia are mixed. The Nikkei 225 is up 2.42%, the Hang Seng is up 1.92%, the Mumbai Sensex (S&P BSE SENSEX) is up 0.12%, the Australia ASX All Ordinaries is down 0.01%, and the Shanghai SE Composite Index is down 0.74%. In Europe, stocks are up. The FTSE 100 is up 0.55%, the CAC 40 is up 0.42%, the Euro Stox 50 is up 0.38%, and the DAX is up 0.27%.
Futures & Currencies
Energy futures are mixed today. The price for West Texas Intermediate crude oil is down $0.29 at $83.05 per barrel. Brent crude is flat $0 at $88.16 per barrel. Natural Gas is down $0.03 at $1.81. Precious metals are mixed this morning. Gold is down $6.32 at $2315.87 per ounce. Platinum is flat $0 at $914.5, while silver is down $0.16 at $27.15. The dollar is mixed compared to the major currencies today. The greenback is down against the euro, up against the Yen, and down against the Pound. Bitcoin is up 1.25% to $66,637.50, while Ethereum is up 1.58% to $3,225.89.
Put/Call Ratio
Yesterday, 3,982,465 call contracts traded on the Chicago Board Options Exchange (CBOE) compared to 4,111,987 put contracts. The single-session put/call ratio was 1.03.
Today's Economic Calendar
| No. | What's Happening? | Period | Release Time |
|---|---|---|---|
| 1 | MBA Mortgage Applications | 4/20 | 7:00 a.m. |
| 2 | Durable Goods Orders | March | 8:30 a.m. |
| 3 | EIA Crude Oil Inventories | 4/20 | 10:30 a.m. |
