Trading Day: Stocks rebound, no new Powell-bashing or trade tirades from Trump

Reuters - 00:25
Making sense of the forces driving global markets
NEW YORK, April 22 (Reuters) - Making sense of the forces driving global markets
By Alden Bentley, Americas Finance and Markets Breaking News Editor.

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Jamie is away today so I'll provide a round-up of today's main market moves below. I'd love to hear from you, so please reach out to me with comments at [email protected], opens new tab.
If you have more time to read today, here are a few articles I recommend to help you make sense of what happened in markets.
  1. Investors fear Trump's attacks on Powell will pile on pain
  2. 'For our country': China's patriots are buying the dip
  3. Wall Street bounces back as earnings take focus over tariff chaos
  4. Bitcoin rises 5% above $91,000
  5. US, Japan move closer to outline of trade deal, source says
  6. IMF cuts growth forecasts for most countries in wake of century-high US tariffs
  7. Bessent sees de-escalation in US-China trade tensions, talks to be 'a slog'
Today's Key Market Moves
  • The S&P 500, Nasdaq Composite and Dow Jones Industrial Average all close up more than 2%.
  • All 11 industry sectors in the S&P 500 rise, led by financials.
  • The dollar trades below 140 yen for the first time since September, but ends 0.42% higher. The euro falls 0.73%.
  • Gold closes down 1.5%.
  • The 10-year Treasury note yield eases 1 basis point to 4.3949%.
  • Brent crude oil falls 1.46% to $67.23 a barrel.
  • The pan-European STOXX 600 (.STOXX), opens new tab index rises 0.25%.
  • MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab closes almost flat, while Japan's Nikkei (.N225), opens new tab eases 0.17%
Stocks rebound with no new Powell-bashing or trade tirades fro...
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