April 23, 2024

Daily Wrap

DJIA -90.24 (-0.62%) to 14,421.49; S&P 500 -12.91 (-0.83%) to 1,545.80; NASDAQ -31.59 (-0.97%) to 3,222.60 Europe ruled the day and after a small initial gap lower and midday rally, the markets then lost ground the remainder of the day sending it back down near Tuesday’s lows.  In economic data news we saw the U.S. jobless claims slightly rose but were less than expectations.  The data wasn’t enough to really push the markets one way or another and it was back to Europe and underperforming Tech stocks. Most notable tech underperformer was Oracle (ORCL) which closed nearly 10% lower after missing EPS estimates…