Hi very good morning, I am Sage and you are watching kalkine tv live from Sydney. This is the Global Market Round Up. Lets get started with the US market updates.
The major U.S. stock market benchmark indexes - the S&P 500, Dow Jones Industrial Average and NASDAQ Composite – ended lower on Thursday, April 22, following reports that President Joe Biden considering to almost double the tax on capital gains. The S&P 500 lost 38 points and Dow Jones lost 321 points as all the sectors on the indexes traded lower.
The S&P 500 declined 0.92 percent to 4,134.98. The Dow Jones fell 0.94 percent to 33,815.90. The NASDAQ Composite dropped 0.94 percent to 13,818.41 while the small-cap Russell 2000 was down 0.31 percent to 2,232.61.