Welcome to the Daily Market News.
Big Market movers of the day – IPOs Pinterest (PINS) and Zoom Communications (ZM). We also see Natural Gas down significantly again as well with the close today -1.27%.
Asia: NIKKEI -0.84%, SHCOMP -0.40%, HANG SENG -0.54%, ASX 200 +0.05%, KOSPI -1.43%
Europe: DAX +0.57%, FTSE -0.15%, STOXX600 +0.22%
US: DJIA +0.49%, S&P 500 +0.16%, NASDAQ +0.02%, RUSSELL 2000 -0.12%
Energy: OIL +0.45% NAT GAS -1.27%
We look at Natural Gas down yet again. We also look at the very positive reception of the IPOs for Pinterest (PINS) and Zoom Communications (ZM). Zoom gains were the largest with a close 72% higher than its offering share price. This should bode well for the IPO environment for the rest of 2019. There are no stock earnings on the calendar for tomorrow. On the Economic Calendar for 4.19.2019 we see US Housing Starts and Building Permit data at 12:30 GMT both expected to show positive rate of change month over month.