Stocks Open Lower, With Tech Leading the Way

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U.S. stocks extended losses as a selloff in tech shares and bitcoin's continued plunge signaled a broad retreat from riskier assets

U.S. stocks skidded alongside commodities, overseas shares and bitcoin on Wednesday as investors’ risk appetite diminished.extended recent losses

Investors took refuge in less risky assets like bonds, sending the yield on 10-year Treasury notes ticking down to 1.639% from 1.641% Tuesday. Yields fall when bond prices rise. Stocks are likely to be volatile and could experience a 10% correction meanwhile, Ms. Dufossé said, though she added that the market is drawing support from strong earnings growth and evidence that coronavirus vaccines are highly effective. The S&P 500 closed just 2.5% below its all-time high on Tuesday, despite falling for five of the past seven trading days.bitcoin has plunged

Investors will seek to glean clues about the Fed’s thinking when minutes of its April meeting are published at 2 p.m. ET. Officials voted unanimously to

 

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Protect the oceans! Thread:

At the end of the day, if technology doesn’t deliver more than it subtracts, what could its actual worth be? All this data can be re-amassed by a simple AI program in less than 15 years. Selfishness at petabyte speeds does nothing for the economy. Get a clue, Corporate America.

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'Israel is an apartheid state. My government and my military commanders are war criminals.' This is what a former Israeli Air Force pilot said about Israel's repression policies against the Palestinians

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Jim Cramer sees more pain ahead in cloud stocks, but some names are getting enticing'Without a major decline in interest rates, I think the cloud cohort will continue to struggle and there's no hurry to do any buying,' the 'Mad Money' host said. AMCSqueeze AMC100K let go champs Cramer got the market wrong all the way 2 week ago he recommended AMD at top , it was nice to warn us at top but not now after the event and big drop in the tech stocks to warn us , stop manipulate the market .
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