Wall Street pulls back during a quiet session
Tuesday 20th April 2021US equities dipped a little overnight, pulling back from record highs. NAB\u2019s Tapas Strickland says there does seem to be a habit for a selloff whenever equities climb above the S&P500 200-day moving average. Will it all bounce back? Well, the vaccine news remains positive, with big reductions on cases in countries where vaccines have been rolled out extensively. That\u2019s why we\u2019re seeing strength in the Euro and Sterling today. But what about the Aussie dollar? Is it losing its momentum? It\u2019s another quiet day ahead, with the RBA minutes not expected to reveal much, and earnings results for United airlines and IBM. Plus Apple are announcing something new.
Hosted on Acast. See acast.com/privacy for more information.