On April 21, the three major U.S. stock indexes collectively opened in the red. The Dow Jones Industrial Average dipped 0.78%, the Nasdaq Composite fell 1.43%, and the S&P 500 index declined by 1.01%. Large-cap technology stocks generally took a hit, with Tesla's share price sliding over 4% amidst delays in the production of the affordable Model Y in the United States. Amazon's share price also retreated by more than 2%, compounded by a downgrade in its rating by Raymond James. Amidst this, spot gold prices soared to a new high, fueling a surge in gold stocks, with Harmony Gold witnessing an increase of over 6%. Cryptocurrency-related stocks displayed an upward momentum, with MicroStrategy rising 2.4%. Conversely, Netflix's share price climbed 2.2%, driven by its first-quarter results and second-quarter guidance exceeding market expectations.
