26Apr2021 Market Close: April 2021 Texas Manufacturing Index Declines But Remains Strong, DOW Closes Down 62 Points, Nasdaq Up +0.9%, Gold Inching Higher 1781, Bitcoin 53700
Royal Caribbean halts hiring in India, suspends Indian crew assignments (SPY +0.2%). Academy Awards ratings plummet to all-time low, U.S. 10-year Treasury yield pulls back from 1.60%. The Market in Perspective Here are the headlines moving the markets. Many European Refiners May Not Survive COVID The coronavirus pandemic has shortened Europe's energy transition. What was initially perceived as a gradual movement towards fewer emissions and greener generation has now become an unprecedently ambitious endeavor by the time Europe recovers from the COVID-triggered slump, its fuel demand will h...