The US major benchmarks are down Tuesday as key blue chip stocks help drag the Dow Jones Industrial Average lower.
Halfway through the session, the Dow (US30) was down approximately 430 points, or 0.85%, the S&P 500 also fell 0.85%, while the Nasdaq Composite (US100) was roughly 0.58% in the red.
Winners & losers: Boeing down
Shares of airplane manufacturer Boeing fell around 3.24%, helping to pull the Dow into the red, while in the auto sector, shares of Tesla surged almost 0.51% and General Motors slipped approximately 3.75%.
In the beverage industry, PepsiCo is down near 0.57%, Coco-Cola is roughly 0.29% lower, Monster Beverage is off almost 0.95% and Molson Coors hovers around 3.93% in the red.
Ride-sharing apps are mixed. Alibaba, which owns a stake in Letzgo, popped roughly 3.82%, Lyft dropped around 4.06%, and Uber fell near 3.68%
Oil: Spikes again
Oil futures are higher, West Texas Intermediate for April delivery jumped $5.20, or 5.4%, to $100.94 a barrel on the New York Mercantile Exchange, while May Brent crude rose $5.09, or 5.2%, to $103.09 a barrel on ICE Futures Europe.
In the energy sector, shares of Diamondback Energy are up near 0.64%, ConocoPhillips is around 3.09% higher, and Exxon Mobil is roughly 1.14% in the green.
Gold: Keeps rising
Precious metals are extending gains. Gold for April delivery added $24, or 1.3%, at $1,924.70 an ounce, and March silver tacked on 2.4%, or 59.4 cents, to $24.96 an ounce.
Crypto: Bitcoin cash in red
Prominent cryptocurrencies are mostly higher on Tuesday with bitcoin up 4.87%, ethereum up 4.68%, while litecoin and monero rose 1.22% and 4.21% respectively.
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In other digital assets, bitcoin cash is 0.13% lower and dogecoin is 3.44% in the green.
Treasury: Yield falls again
The yield on the benchmark 10-year U.S. Treasury note dropped to 1.780% Tuesday from 1.836% Monday.
Forex: USD gains on euro
The US dollar held rose to $0.90 of the euro, while holding firm at $0.75 of the British pound sterling and $1.27 of the Canadian dollar.
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