Dow Jones today was higher, while the S&P 500 Index or the SPX, Nasdaq-100, and Russell 2000 finished lower. The technology sectors lagged in choppy trading to begin the week. The gold price and crude oil price were both in the green. On the other hand, the crypto product, bitcoin reached the $29K price level. The U.S. Dollar price has remained elevated next to its international currency peers. Next, Alex Coffey weighs in on energy stocks showing strength. Occidental Petroleum (OXY) was the best performing S&P 500 stock today. Twitter (TWTR) stock price is down 27% since agreeing to the $44B sale to Elon Musk. Finally, Coffey discusses economic data like the Empire State Manufacturing Index.
16 May 2022