In Today's Update:
1) Shares of Financial and Technology companies led the way as U.S. Equities rebounded and closed significantly higher on Tuesday. The Dow Jones Industrial Average gained 140.90 or 0.55%, the S&P 500 added 20.10 or 0.72% while the Nasdaq 100 closed higher by 53.98 or 0.71% and the Russell 2000 finished higher by 15.30 or 1.01%.
2) Crude Oil Futures rose sharply on OPEC supply cuts and expectations of lower U.S. inventories while Gold Futures slipped closing lower by $7.50 or 0.56% on strength in the U.S. dollar. The Bond market moved slightly lower and the yield on the 10-year Treasury Note settled at 2.421%.
3) Bed Bath & Beyond (BBBY) has fallen nearly 80% since hitting an all-time high back in 2015 but started to climb after putting in a new low of $10.46 last December. Shares of BBBY gapped and closed higher by $3.05 or 21.99% today. So what can we expect moving forward? In today's video, we will take a closer look at the daily, weekly, and monthly charts of BBBY.