Caroline Woods brings the latest business headlines from the New York Stock Exchange as markets open for trading on Tuesday, April 23.
Full video transcript below:
Carolina Woods: I'm Caroline Woods reporting from the New York Stock Exchange. This is what we are seeing today on TheStreet. stocks started the week on a positive note, with the Dow, S&P and Nasdaq ending Monday's trading session in the green.
Investors are expecting a big Tuesday on Wall Street with big names like Tesla, PepsiCo, General Motors and Visa reporting results.
There's also some key economic data on the table: First-quarter GDP will be released on Thursday and the Federal Reserve's favorite inflation gauge will be released on Friday.
The central bank will make another decision on interest rates on April 30.
In other news, Taylor Swift is at it again. The music star released her 11th studio album on Friday, April 19, and it became the most streamed album in a single day on Spotify, Apple Music, and amazon Music.
Swift's “The Tortured Poet's Department” garnered 300 million streams in just 12 hours on Spotify alone. Swift broke the previous Spotify record held, surprisingly, by Taylor Swift.
Of the album, Apple Music said, “the album broke the record for the biggest pop album of all time in first-day streams,” and amazon Music said it only took three days to become the platform's most streamed album in all of it. the world in its first week.
Taylor Swift and breaking records have become almost synonymous in recent years. The Her Era tour became the highest-grossing tour of all time and, according to the AMC theater chain, Swift's 2023 Eras tour film became the highest-grossing documentary or concert film of all time. time. Fans listened to Taylor Swift's music more than 26 billion times worldwide last year, the most of any artist on Spotify.
That will be enough for your daily briefing. I'm Caroline Woods from TheStreet.
