Cryptocurrency market value tops $2tn for the first time as #ethereum hits record high
Archives of “April 7, 2021” day
rss1 in 3 Covid-19 patients are diagnosed with a psychiatric or neurological illness in the next 6 months
Some less than cheerful news via medical website Stat
- Six months after being diagnosed with Covid-19, 1 in 3 patients also had experienced a psychiatric or neurological illness
- mostly mood disorders but also strokes or dementia
- Compared to control groups of people who had the flu or other non-Covid respiratory infections, first-ever neuropsychiatric diagnoses were almost twice as high
US President Biden says he will not be telling the Federal Reserve what to do
US President Biden says he has not spoken with Fed Chair Powell
- “I’m not going to do the kinds of things that have been done in the last administration, either talking to AG…or the Fed telling them what they should and shouldn’t do”
- “The Federal Reserve is an independent operation.”
The end of an era … 🙁
Since 1987, the wealth of the richest person in the world has increased at a rate of 6.4% per year.
Biden says there is good, and bad, news on US coronavirus
US President Biden says the good news is that vaccinations are progressing quickly
- making incredible progress
- more than 75% of over 65s have had a shot
- more than 80% of teachers, school staff and child care workers received at least one Covid-19 shot by the end of March
- US is on track to hit 200m goal in his first 100 days in office
The bad news:
- new variants of the virus are spreading, moving quickly … and cases are going up
US major indices close lower on the day
Nasdaq turns negative in the final hour of trading
The major indices are all closing lower on the day. The S&P made a new intraday high but closed lower. The Nasdaq index turned negative in the last hour of trading in an up and down session. The Russell 2000 closed lower for the first time in 5 trading days.
The final numbers are showing:
- S&P fell -4.01 points or -0.10% at 4073.93
- Nasdaq fell -7.214 points or -0.05% at 13698.37
- Dow fell -96.42 points or -0.29% at 33430.77
Some winners include:
- Twitter, +4.27%
- Crowdstrike, +4.16%
- Express, +3.84%
- ViacomCBS, was 3.3%
- Goodrx, +2.9%
- Square, +2.85%
- Delta Air Lines, +2.79%
- Chipotle, +2.49%
- Alibaba, +2.33%
- Chewy, +2.07%
- Zoom, +1.81%
- Albemarle, +1.8%
- Southwest Airlines, +1.78%
Some losers today include:
- AMC -3.96%
- Rackspace, -2.19%
- Walgreens, -1.9%
- Doordash, -1.86%
- Corning, -1.72%
- Boeing, -1.61%
- Qualcomm, -1.61%
- UnitedHealth, -1.59%
- Merck, -1.57%
- Gamestop, -1.57%
- Liveperson, -1.56%
- Box, -1.55%
- Intel, -1.46%
Thought For A Day
