US stocks rebounded
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The biggest gainer was the Nasdaq index, which was up nearly 2%, led by large technology stocks. Names like Apple, Amazon all had an increase of over 2% this session.
The rest of the indexes all ended the session with slight gains, despite the growing concern of inflation and recession with the Wall Street investors.
One of the biggest gainers on Wall Street last night was Twitter shares, when the social network giant closed the session up nearly 30% in value.
Twitter fever came after the world’s richest person Elon Musk announced that he owned more than 9% of the shares and became the largest shareholder of this social network. Notably, Elon Musk revealed this information after he said he was thinking about building a new social networking platform.
Joined in 2008, the Tesla CEO is one of the most influential figures on Twitter with more than 80 million followers and this is also the platform on which he often makes controversial statements.
In the oil market, oil prices rebounded last night, with WTI oil up nearly 4%, back to the threshold of over $100/barrel, ahead of the possibility that Europe might impose more sanctions on Russia.
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