Nasdaq 2% Drop Drags S&P 500 Down 1%, Bond Yields Climb

  • Apr 14, 2022
  • Barry Adams
    Tech stocks led the losers after inflation worries dominated trading and investors reviewed a barrage of earnings from large banks. Though there were signs of hope, all major banks reported a sharp decline in earnings. Crude oil price spiked up again and surpassed $105 a barrel in New York and $110 in international trading. 10-year Treasury yield inches to a new 3-year high of 2.83%.


Annual Returns

Company Ticker 2022 2021 2020
Nike Inc NKE -35% 18% 40%
Caterpillar Inc CAT -5% 14% 23%
Twitter Inc TWTR -11% -20% 68%
Amazon com Inc AMZN -97% 2% 77%
FedEx Corporation FDX -11% -0% 73%