The stock market fell for the second straight day. Energy moved lower as crude oil was down almost 5% and gasoline was down almost 3%. In terms of crypto, bitcoin dropped down to the 43K level. Next, Scott Connor discusses Microsoft (MSFT), Nvidia (NVDA), Meta Platforms (FB), Amazon (AMZN), and Tesla (TSLA) finishing lower on the day. However, names like Johnson & Johnson (JNJ), Pfizer (PFE), Walmart (WMT), Proctor & Gamble (PG), and Duke Energy (DUK) finished in the green. Specific stocks were on the move as JetBlue (JBLU) offered $3.6B for Spirit Airlines (SAVE). Also, Elon Musk announced a plan as an active investor role with Twitter (TWTR). Finally, Connor weighs in on the MBA Mortgage Applications number and provides a recap of the FOMC minutes.
06 Apr 2022