Screenshot source: Wind Specifically, as of the close, the Dow fell 321.41 points, or 0.94%, to 33815.90 points; the Nasdaq fell 131.81 points, or 0.94%, to 13818.41 points;S&P 500The index fell 38.44 points, or 0.92%, to 4134.98 points. U.S. stocks’ large technology stocks fell across the board,appleFell 1.17%,AmazonFell 1.58%,NetflixFell 0.02%,GoogleFell 1.13%, Facebook fell 1.64%,MicrosoftFell 1.31%. Bank stocks fell across the board, JPMorgan Chase fell 2.06%,Goldman SachsFell 1.29%,CitiDown 1.16%,Morgan StanleyFell 1.26%,Bank of AmericaFell 0.9%,FuGuo bankFell 1.23%. Energy stocks fell across the board,Exxon MobilFell 1.25%,ChevronFell 1.76%,ConocoPhillipsFell 1.14%,SchlumbergerFell 1.75%,Occidental PetroleumFell 1.47%. Popular Chinese concept stocks have mixed ups and downs.Big new energyUp 14.14%,TouchPal Technology (CTK.US)Up 9.86%,RenrenUp 8.28%,1 Medicine NetUp 7.11%,PinduoduoUp 3.61%,JingdongUp 0.52%,Sina WeiboUp 0.51%;Lots of roomsDown 11%,Learn fromFell 9.17%,Hong En EducationFell 6.55%,Canaan TechnologyFell 4.43%,AliFell 0.07%,Baidu GroupFell 0.04%. New energy auto stocks went up and down mixed,NIO (NIO.N)The car rose by 1.75%,Xiaopeng MotorsFell 0.74%,Ideal carRose 1.31%. In the news, it was reported that US President Biden proposed to impose a capital gains tax of up to 43.4% on the wealthy. In European stock markets, the London Stock Market “Financial Times” average price index of 100 stocks closed at 6938.24 points, an increase of 42.95 points or 0.62% from the previous trading day. The CAC40 index of the Paris stock market in France closed at 6,267.28 points, an increase of 56.73 points or 0.91% over the previous trading day.Frankfurt Stock MarketGerman DAX IndexIt closed at 15320.52 points, an increase of 124.55 points or 0.82% over the previous trading day. In terms of international oil prices, West Texas Intermediate (WTI) futures for June delivery on the New York Mercantile Exchange rose 8 cents, or 0.1%, to close at $61.43 per barrel; LondonIntercontinental Exchange (ICE)The price of Brent crude oil futures for June delivery rose 8 cents, or 0.1%, to close at $65.40 per barrel. In terms of international gold prices, the most active June gold futures price on the New York Mercantile Exchange gold futures market fell by 11.1 U.S. dollars from the previous trading day to close at 1,782 U.S. dollars per ounce, a decrease of 0.62%. As of the end of the New York trading session, the US dollar index, which measures the US dollar against six major currencies, rose 0.20% to 91.3389. (Zhongxin Jingwei APP)

Photo is for illustration only. (Source: CNBC) Closing the last session of the week, the main indicators are above Wall Street stock market All went up thanks to positive data on economic activity and new home sales in the US, however, the rise of the 23/4 session did not compensate for the decline for the whole week of volatile trading. . In the first session of April 19, the US stock market went down due to profit-taking activities after the Dow Jones and S&P 500 index ended last week at record highs. The decline continued into the next session (April 20) when stock prices fell amid concerns about pricing and the spread of the COVID-19 pandemic that had a strong impact on markets and investor sentiment. private. Coming to session 21/4, the indices regained momentum after two previous declining sessions, with most sectors having an active session, when experts commented that market movements declined in The previous session is the signal for investors to buy. However, at the end of April 22, the indexes all declined significantly, although the number of applications for unemployment benefits for the first time in this country was lower than expected. Markets flooded in red after Bloomberg News and several other firms reported that President Joe Biden intends to propose an increase in capital-gains tax from 20% to 39.6% for individuals with income of more than 1 million USD / year. In the last session of the week 23/4, investor sentiment recovered thanks to a series of positive profit reports from large enterprises and data showing the “healthy” state of the US economy. Closing the session on April 23, the Dow Jones industrial index rose 0.7% to 34,043.49, the S&P 500 composite index advanced 1.1% to 4,180.17, and the Nasdaq Technology Index rose 1. , 4% and closed at 14,016.81 points. However, for the whole week, the Dow Jones decreased by 0.5%, the S&P 500 and Nasdaq decreased by 0.1% and 0.3 compared to the previous week. Regarding the proposed tax increase for the richest class of the US, experts say the plan is in line with Mr. Biden’s campaign commitments, but the rate of tax increase is likely to be narrowed in negotiations in the National Assembly of this country. Chris Weston, head of research at Pepperstone, commented that the 39.6% figure is not surprising, but actual developments show that the current financial market is more “sensitive” to bad news and this is the period. volatile paragraphs. American market strategist David Joy of Ameriprise Financial, also noticed stock prices are recovering after the market reacted unexpectedly to news that the White House would propose a tax increase while President Biden mentioned to this issue while campaigning. Besides, senior market analyst for America at OANDA, Mr. Edward Moya pointed out that factors contributing to the stock market’s rally are positive data about the US economy. According to a report by the US Department of Commerce, new home sales in March (seasonally adjusted to increase) reached 1,021 million units – up 20.7% from the previous month. The IHS Markit Purchasing Managers’ Index (PMI) in the manufacturing sector rose from 59.1 in March to a record 60.5 in April. Meanwhile, the PMI of the service sector also increased from 60.4 points to 63.1. The 50-point threshold defines whether an economy is growing or declining. The IHS Markit PMI is considered a prestigious indicator of “economic health.” In general, the profit of the companies that reported early were all higher than expected. According to IBES Refinitiv, the first quarter profit of enterprises is expected to increase by 33.9% over the same period last year. Ron Temple, head of the US equities division at Lazard Asset Management, said the US economy is expected to see its strongest growth in 50 years, with growth of more than 6% both this year and next year. Federal Reserve (Fed) will allow the economy to accelerate faster than before, further boosting prospects for high growth./.

CEO Brian Armstrong has made $ 12.4 billion on the list of the world’s billionaires

On April 14, the largest crypto exchange in the US officially went public on the Nasdaq with a value of up to $ 86 billion. This helped the fortune of co-founder and CEO Brian Armstrong rise to 12.4 billion USD, becoming the 175th person on Bloomberg’s list of world billionaires.

After earning a master’s degree in computer science from Rice University, CEO Armstrong founded UniversityTutor, a website that offers online tutoring services and has been running for almost a decade but with little success. He then moved on to work as a software engineer at Airbnb for about a year.

By 2012, founders Brian Armstrong and Fred Ehrsam officially partnered to create Coinbase, a cryptocurrency exchange that allows users to buy and sell more than 40 different digital assets, including cryptocurrencies. like Bitcoin, Ethereum and Litecoin.

It is known that the 38-year-old billionaire currently owns about 40 million Coinbase shares. “I think some digital currencies will eventually be the world’s reserve currencies. I see their future,” said CEO Armstrong.

This Coinbase IPO is considered a turning point in the market because this is the first time that a company associated with a cryptocurrency has been listed on the public.

In the last two years, the value of Bitcoin has increased dramatically, making the names of CEO Brian Armstrong and Coinbase become famous in the tech world with about 56 million users worldwide, managing more than $ 320 billion in total volume. deal.

The bullish momentum of digital currencies such as Bitcoin, Ethereum currently reaching the milestone of $ 63,000 and $ 2,500 respectively are considered leverage to help Coinbase achieve impressive revenue and profit.

In 2020, this crypto exchange had a turnover of $ 1.3 billion. In its preliminary report for the first quarter of this year, Coinbase showed that revenue for the same period increased 9-fold to $ 1.8 billion and net income increased from $ 730 million to $ 800 million.

After the IPO, Coinbase is receiving a lot of expectations from experts as well as those who believe in cryptocurrencies for a solid future in the market.