Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 31834.11 -326.63 -1.02%
SP500 S&P 500 3935.18 -65.87 -1.65%
I:COMP NASDAQ COMPOSITE INDEX 11364.235504 -373.44 -3.18%

The Nasdaq Composite fell 3% to its lowest level since March 2020, with large-cap tech including Facebook, Microsoft and Apple all declining. 

Ticker Security Last Change Change %
FB META PLATFORMS INC. 188.74 -8.91 -4.51%
MSFT MICROSOFT CORP. 260.55 -8.95 -3.32%
AAPL APPLE INC. 146.50 -8.01 -5.18%

The CPI Index rose by an annual rate of 8.3%, more than economists expected and slightly less than the prior month's 8.5%.

Ticker Security Last Change Change %
USO UNITED STATES OIL FUND L.P. 78.18 +3.65 +4.90%

Commodities, Oil rose with U.S. West Texas Intermediate crude up 6% to $105 and Brent, the international benchmark, settled at $107. 

The Energy Information Administration released its inventory report for last week. Crude stockpiles rose by 8.4 million barrels, following a surprise build of 1.3 million barrels the previous week. 

Earning reports, Coinbase Global took a drastic hit after the company missed estimates for first-quarter revenue and posted a loss.  

Ticker Security Last Change Change %
COIN COINBASE GLOBAL INC. 53.72 -19.27 -26.40%

Bitcoin dipped below the $30,000 level following the hotter than expected inflation reading.