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10May2021 Market Close: Tech Wrecks, Ether Erupts, Commodities Crumble As Dollar Gives Up 2021 Gains, DOW Closes Down After Recording New High 35 Points, Nasdaq Sinks At -2.6%, Bitcoin Dives 54900, Dogecoin Crashes $0.43

That was quite a day. The tech wreck continued, leading the drop in stocks. Commodities did the unthinkable and tumbled on the day but Gold and Cryptos gained as the dollar dumped into the red for the year.
Source: Bloomberg
Dallas Fed s Kaplan warned that he was cognizant of excess risk-taking in financial markets . Maybe turn the taps off then?
ðŸ ¦ Monetary policy since March 2020.. pic.twitter.com/kPgQXol3VJ
PiQ (@PriapusIQ) May 10, 2021
The Dow topped 35k for the first time ever but was unable to hold gains and ended its win streak at 5 days. The US cash open sparked panic-selling in Small Caps and Big-Tech and they never really looked back. All major indices were hit to the downside around 1415ET (a . ....

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10May2021 Midday Update: Cyberattack Shuts Down Major US Gasoline Pipeline, DOW Up 265 Points, Nasdaq Slides -1.2%, Bitcoin Gains 58400, Dogecoin Down $0.50, US Dollar Down 90.06

Gasoline futures jump to highest in nearly 3 years on pipeline cyberattack (SPY +0.1%). U.S. Covid cases down 30% over past two weeks and the dollar is sliding after the horrible April jobs report.
Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
The Future Of U.S. LNG: Only The Biggest Will Survive
Liquefied natural gas was a big thing a couple of years ago in the United States. With so much cheap gas coming out of the ground thanks to hydraulic fracturing, the U.S. had more than enough not just for its domestic needs but also for gas-thirsty neighbors and far-off buyers such s China and South Korea. LNG was to be one of the weapons of U.S. energy dominance during the Trump administration, and ....

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