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Monday, April 25, 2022

Dow Jones Storms Off Lows After 488-Point Drop; Microsoft Rises Ahead Of Earnings, Elon Musk Secures Deal For Twitter

The Dow Jones Industrial Average turned out to be good for Monday afternoon trading with the Nasdaq combination. Johnson & Johnson (JNJ), American Express (AXP) and Microsoft (MSFT) led the way in Dow Jones today, but Coca-Cola (KO) ended after a strong start despite a strong Q1 lead report.
Twitter (TWTR) rose 6% to 51.83 after Tesla CEO (TSLA) Elon Musk made a deal to acquire a social media platform with 54.20 shares.



Microsoft Board of Directors (MSFT) stocks reported profits on Tuesday after the closure. Zacks' consensus rate is a fixed profit of $ 2.18 per share, up 12% from last quarter. Revenue appears to be rising by more than 17% to $ 48.96 billion.

Busy Week of Benefits from Advanced Technology stocks Apple (AAPL), Google-parent Alphabet (GOOGL) and Amazon.com (AMZN). All three reported late Thursday.

The money went into bonds on Monday, sending Treasury's 10-year yield down by 1o points to 2.81% after hitting a low of about 2.76%.


Except for Dow Jones

Oil and gas sales in stock weighed in on the S&P 500, but the index retreated after falling 1.7% on the day. Halliburton (HAL) and Schlumberger (SLB) cut below their 50-day moving average but declined. The Energy Select Sector SPDR ETF (XLE) also has a gap below its 50-day moving average but a loss loss.