Dow Jones Plunges; Tesla Dives On This Elon Musk Twitter Move; Apple, Microsoft Fall As Tech Tumbles - BitcoinEthereumNews.com
TeknolohiyaDow Jones Plunges; Tesla Dives On This Elon Musk Twitter Move; Apple, Microsoft Fall As Tech Tumbles05 / 05 / 2022Balita ng Ethereum ng Bitcoin The Dow Jones plunged as the stock market got crushed. Tesla (TSLA) took a dive amid reports Elon Musk could become temporary CEO of kaba (TWTR) if he completes his takeover. mansanas (AAPL) At microsoft (MSFT) offered no refuge as tech stocks got mauled. With the market in a correction, it is a good idea to find stocks flexing amid the downward pressure. Awtomatikong Pagproseso ng Data (ADP), Dillards (DDS) At Pangkalahatang Dynamics (GD) all saw their relative strength lines hit highs Thursday as they build bullish bases. Volume was up on both the Nasdaq and the New York Stock Exchange compared to the same time Wednesday. This is a bad sign on a down day. Meanwhile, the yield on the benchmark 10-year Treasury note spiked 18 basis points to 3.1%. The move followed Wednesdays decision by the Federal Reserve to raise interest rates a half point and start reducing its balance sheet. Oil dipped slightly, with West Texas Intermediate crude falling less than 1% to trade for about $107 per barrel. Nasdaq Crushed As Small Caps Get Mauled The stock market