The equity markets opened higher and held gains today. In terms of energy, crude oil and gasoline were lower. Also, gold was down slightly, and bitcoin traded up to a key level. In terms of specific stocks, Scott Connor weighs in on Tesla (TSLA) being up almost 8% today. Other stocks that finished higher were Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), and Microsoft (MSFT). There was also strength in the financial sector, specifically Bank of America (BAC), JPMorgan Chase (JPM), Wells Fargo (WFC), and PNC Financial (PNC). Finally, Connor discusses the Redbook report and the Richmond Fed.
22 Mar 2022