Good evening.
Markets climb, Russia plans to intensify Ukraine attacks, and Elon Musk buys 9.2% of Twitter.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Monday as investors scooped up technology stocks.
Twitter shares surged more than 27% following news that Elon Musk bought a 9.2% passive stake in the company.
April is off to a strong start. Historically, April is one of the best months of the year for the stock market.
Investors are continuing to monitor the war in Ukraine. Today marks 40 days since Russia launched its invasion of Ukraine.
The crypto market climbed on Monday, with Bitcoin approaching $47k, as cryptocurrencies moved higher with stocks.
Catch Up
The unemployment rate fell to 3.6% in March, nearly matching the pre-pandemic rate of 3.5% in February 2020.
Elon Musk is now Twitter's largest shareholder after buying a $3B stake (9.2%) in the company.
U.S. warns Russia will intensify its military operations in Ukraine.