It has been Easter-free on the US stock market. The last time shares were traded was on Maundy Thursday. Good Friday took the market free.
After 20 minutes of trading was S&P 500 up 0.24 percent or 10.56 points. But the joy was short-lived. Just five minutes later, the index fell and narrowly fell by 0.05 percent.
Nasdaq Compositethe index is also red and was so from the start. 20 minutes after the opening, it was down 0.31 percent and 41.67 points. Then the index stood at 13,307 points.
When Dow Jones rose. 0.44 percent up was the final after 20 minutes or 153.07 points increase. Thus, it gained over 34,600 points.
Presents numbers
Many are looking forward to Netflix presenting figures for the first quarter on Tuesday. The share is down from the start, and has settled at a rent around 0.5 percent lower than the closing price on Maundy Thursday.
Disney, which is big on streaming services, is also down, in fact a little more than Netflix.
At Easter, the analysis company Kantar published figures for the development of subscriptions in the UK, and it showed that the number of power subscribers decreased in the first three months of the year.
The reason is that people want to save money now that inflation is rising more than normal, and all sorts of goods you need in daily life are rising in price.
The only positive thing about the report, seen through the eyes of a Netflix shareholder, is that the streaming service is the last people with multiple subscriptions to release.
No cheers for Musk
Despite an offer from Elon Musk for all the shares in Twitter before Easter, the Twitter share does not move up against the price Musk offers now that the stock exchange is open again.
Instead, it fell after 20 minutes of trading by just over 40 cents and down almost one percent.
Microsoft shares were also down after the stock exchange opened, by 0.55 percent.
The losers
After 45 minutes of trading, the Nike share is among today’s losers. The stock is down 1.91 percent.
The same is Home Depot, which can be compared a bit with Maxbo in Norway. The stock is down $ 2.7 or 0.9 percent.
The Moderna share is also among today’s losers. The share falls almost five percent when the stock exchange has been open for almost one hour.
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