Stock Market News Live Updates: Stocks Rise As Technology Shares Outperform

Apr 04, 2022

Stock Market News Live Updates: Stocks Rise As Technology Shares Outperform

US equities rose on Monday as investors weighed the prospect of more sanctions on Russia despite massive concerns about inflation and economic growth rates.

The S&P 500 increased, while the Nasdaq Composite advanced over 1% as tech stocks surged. Twitter stock jumped more than 20% after Tesla CEO Elon Musk revealed he owns around 9.2% of the social media corporation. The Dow Jones Industrial Average followed the S&P 500 and Nasdaq in the green, reversing previous losses.

Investors worldwide have turned their attention to the European Union's upcoming new sanctions on Russia as the escalation of the conflict in Ukraine continues. The EU replied Monday to suspected war crimes in Ukraine, where Russian soldiers reportedly are killing people and attacking civilian infrastructure in key towns, stating it will "work on new measures against Russia as a matter of urgency." Some top European figures, notably Germany's defense minister, indicated they would support an embargo on Russian energy resources, which had previously been spared from restrictions because Russia supplied around 40% of Europe's gas energy.

Crude oil prices in the United States rose in three sessions on Monday for the first time. Brent crude oil, the worldwide benchmark, rose as well.

According to JPMorgan CEO Jamie Dimon's highly cited annual shareholder letter issued Monday, the conflict in Ukraine is among three significant threats he sees to the economy in the future. Other factors included "the extraordinary stimulus-fueled rebound from the COVID-19 outbreak," as well as the Fed's "probable necessity for fast-rising rates and the needed reversal of QE quantitative easing," according to Dimon.

"We don't know what the final result will be, but the conflict in Ukraine and the sanctions imposed on Russia are already showing significant economic effects. They have caused havoc in the world's energy, commodities, and agricultural markets," Dimon remarked. "Our analysts presently believe that the eurozone, which is heavily reliant on Russia's energy resources, would experience GDP growth of around 2% in 2022, rather than the higher 4.5% rate we predicted only six weeks ago. In comparison, they anticipate a 2.5% increase in the US economy above the prior forecast of 3%."

Doubts about the US economy's stability in the face of a global crisis and still-high inflation have been heightened when a closely monitored segment of the Treasury yield curve reversed — a maneuver that has historically foreshadowed recessions. The yield on the benchmark 10-year note stayed lower than the yield on the shorter-term 2-year note as of Monday morning. Since 1969, a similar tendency has happened preceding each of the previous eight recessions.

"Investors have been especially anxious about the likelihood of yield curve inversion as a warning of an impending recession," noted Goldman Sachs analyst David Kostin. "Our rates analysts recently increased their estimates and now anticipate the 2-year and 10-year UST yields to finish 2022 at 2.9% and 2.7%, correspondingly, for a 20 basis point flip."

According to him, the nominal curve inverts easier in high inflation environments. Therefore, a more significant inversion of the nominal curve would be required to produce comparable recession signs. "Asset indications point to a 38% chance of a recession during the next 24 months," he added.

Subscribe Our Newsletter

Goldman Sachs Expecting Five Rate Hikes This Year
Goldman Sachs Expecting Five Rate Hikes This Year

After this week's statistics, analysts changed their inflation path predictions, as "Chairman Powell's statements previously this week openly admitted that the Federal Reserve authorities are ready to a more aggressive tempo of tightening."

Banks and Finance
The Manufacturing Economy Is Slowing. Blame Covid
The Manufacturing Economy Is Slowing. Blame Covid

The Purchasing Managers' Index, or PMI, from the Institute for Supply Management, came in at 57.6 in January, down from 58.8 in December. Economic forecasters anticipated a rating of 57.5.

Banks and Finance
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Constantine

How to Start a Brokerage Firm in 2024?
Learn how to start a brokerage firm in 2024, covering legal steps, business models, technology, and compliance to build a successful and reliable company.

discover
Best High-Yield Savings Accounts For March 2023

Tatma

Best High-Yield Savings Accounts For March 2023

If you have ever dealt with a bank - and I find it hard to think you haven't - you have probably considered opening a savings account to earn passive income over time.

Fintech
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Constantine

    Best Web3 Browsers in 2025

    Best Web3 Browsers

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It

    Constantine

    Top 5 Liquidity Bridge Providers in DeFi

    Top 5 Liquidity Bridge Providers in DeFi

    Hazem

    Max Funded IUL Explained: Is It a Legitimate Financial Strategy?

    Understanding Max Funded IUL

    Alexander

    Tax Refund Timeline: When Will You Get Your Tax Return?

    how long does it take for tax refund

    Constantine

    Crypto Liquidity — What is it, and How to Measure It?

    What is Crypto Liquidity and How to Measure It?

    Constantine

    AI in Finance: A Game-Changing Trend Shaping the Industry

    AI in Finance

    Hazem

    5 Ways to Make Money with ChatGPT and Build Your Wealth

    Make Money with ChatGPT

    Constantine

    Top AI Companies to Invest in April 2025

    Top AI Companies to Invest in March 2025

    DeepSeek vs ChatGPT: Which AI Technology is Better For You?

    DeepSeek vs ChatGPT: Feature-by-Feature AI Tool Comparison

    Constantine

    Top Solana Meme Coins in 2025: Best Presales and Where to Buy

    Solana Meme Coins 2025

    Alexander

    How Renewable Energy Stocks Can Supercharge Your Portfolio

    How Renewable Energy Stocks Supercharge Your Portfolio
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.