Stock Market Update Monday April 22, 2024

Stock Market Update Monday April 22, 2024 Stocks enjoyed a robust rebound ahead of earnings reports from major companies such as Tesla, Meta, and Apple later this week. The S&P 500 surged nearly 1%, breaking a six-session losing streak, although it closed slightly below its mid-afternoon intraday peak by around 40 basis points.

Away From Stocks: Treasury's maintained stability across the yield curve, while WTI crude held steady at $82 a barrel. Gold experienced a significant pullback, dropping sharply to $2,330 per ounce, while the VIX retreated by almost two points to 17.

SPY ETF small red dots acting as support, large green dot buy signal.