
US markets fell; Twitter added 2% on Musk joining board; Carnival rose 2.4% on best bookings week ever
- The Nasdaq fell 2.26% to close Tuesday’s session at 14,204 points.
- Twitter added a further 2% after announcing Elon Musk joins board of directors.
- Carnival shares jumped 2.4% on its best week of bookings ever, last week.
The US markets reversed Monday’s gains to close lower on Tuesday after Federal governor Lael Brainard said the Federal Open Market Committee is prepared to take stronger action if indicators of inflation and inflation expectations indicate that such action is warranted’.
The Dow Jones fell 0.8% to finish the trading day down 281 points to close at 34,641 points.
The tech heavy NASDAQ fell 2.26% to finish the trading day down 328 points to close at 14,204 points.
One bitcoin is worth US$45,549 going into the Asian trading day.
The Australian dollar is firm against the major currencies and is buying 75.88 US cents.
Twitter shares rose a further 2% on Tuesday after the social media company announced that Tesla CEO Elon Musk will join the Twitter board of directors. Musk said ‘significant improvements’ could be made to Twitter over the coming months.
Shares in Carnival 2.4% yesterday after the cruise operator announced that March 28 – April 3 was the busiest booking week in the company’s history. The cruise operation company has 22 of its 23 ships back in operation again post-pandemic.
And Snapchat has added a lens called the ASL Alphabet Lens that teaches users how to communicate in sign language using the American Sign Language Alphabet.
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