JUST IN: 🔥 𝕏 has open-sourced its latest recommendation algorithm.

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🚨🚨 The Hindenburg Omen, an indicator that correctly detected the 1987 and 2008 stock market crashes, triggered simultaneously on Wednesday for both the Nasdaq and the NYSE.

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🇨🇳 China’s central bank added 8 tonnes of gold to its reserves, the highest in 15 months.

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🇺🇸 Over $900 billion wiped out from the US stock market today.

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🇨🇳🇺🇸 China says it will buy more US oil.

JUST IN: 🇺🇸 Alcohol consumption among US adults falls to the lowest level in modern history.

NEW : 🇷🇺🇨🇳 Kremlin says Putin will pay a visit to China on May 19 and 20.

BREAKING: 🇺🇸🇨🇳 The US and China have agreed to lower tariffs on some unspecified products to promote bilateral trade, per China’s Commerce Ministry.

The statement confirmed China’s plan to purchase US planes and it said China would address US concerns on agricultural imports.

📊 BlackRock considers investing $5 billion at SpaceX IPO.

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JUST IN: 🇮🇷 Iran to reopen its stock market ​Tuesday after 80 days of closure.

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🇺🇸 JUST IN : Donald Trump made more than 3,700 trades in just the first quarter.

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📊 Market Overview:

SPX: $7408
NASDAQ: $26225
Bitcoin: $78333

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📊 Key Events This Week:

1. April Pending Home Sales data - Tuesday

2. Fed Meeting Minutes - Wednesday

3. Nvidia, $NVDA, Reports Earnings - Wednesday

4. May Philly Fed Manufacturing Index - Thursday

5. May UMich Consumer Sentiment data - Friday

6. May UMich Consumer Expectations data - Friday

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BREAKING: 🇺🇸 President Trump says Iran “better get moving or there won’t be anything left of them.”

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🇨🇳 Chinese Holdings of U.S. Treasuries have fallen to their lowest level since the Global Financial Crisis.

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🚨🚨 Nearly 50% of CEOs across the world do not want to hire for entry-level jobs anymore.

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🇺🇸 Fed is about to inject another $26.3B into the market starting next week.

Liquidity injections are scheduled across 3 consecutive weeks.

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JUST IN: 📊 G7 to meet to discuss reopening Strait of Hormuz.

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🇮🇩 Indonesian rupiah crashes to a new all-time low.

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🇮🇳 Indian rupee crashes to a new all-time low.

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