{"id":530341,"date":"2010-04-16T16:04:47","date_gmt":"2010-04-16T20:04:47","guid":{"rendered":"http:\/\/www.businessinsider.com\/closing-bell-stories-not-about-goldman-that-you-need-to-know-2010-4"},"modified":"2010-04-16T16:04:47","modified_gmt":"2010-04-16T20:04:47","slug":"heres-what-you-need-to-know-about-todays-wild-day-on-the-market-gs-bac-slv-gld","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/530341","title":{"rendered":"Here&#8217;s What You Need To Know About Today&#8217;s Wild Day On The Market (GS, BAC, SLV, GLD)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b745a290000000000c0b4bf-287-215\/trojan-horse.jpg\" border=\"0\" alt=\"trojan horse\" width=\"287\" height=\"215\" \/><\/p>\n<p>The Goldman Sachs (GS) SEC charges are rocking markets today. Goldman closed at $160.70, down $23.57 or 12.79%.<\/p>\n<p><strong>DJIA<\/strong>: Down 124 points to 11,019.<\/p>\n<p><strong>NASDAQ<\/strong>: Down 34 points to 2481.<\/p>\n<p><strong>S&amp;P 500<\/strong>: Down 19 points to 1192.<\/p>\n<p><strong>Commodities<\/strong>:<\/p>\n<ul>\n<li><strong>Oil<\/strong>: Down 2.7% or $2.37 to $83.14 a barrel.<\/li>\n<li><strong>Gold (GLD)<\/strong>: Down 1.9% or $22.80 to $1137.50 an ounce.<\/li>\n<li><strong>Silver (SLV)<\/strong>: Down 3.9% or $0.72 to $17.71 an ounce.<\/li>\n<\/ul>\n<p><strong><br \/>Now here&#8217;s what you need to know as you leave work today<\/strong>:<\/p>\n<ul>\n<li><strong>Goldman Sachs (GS) and their Vice President Fabrice Tourre have been charged with misleading clients by the SEC<\/strong>. <a href=\"http:\/\/www.businessinsider.com\/category\/goldman-sachs-sec-charges\">Follow our ongoing coverage here<\/a>.&nbsp;<\/li>\n<\/ul>\n<ul>\n<li><strong>The fallout from Goldman is beginning to effect the financial reform debate in Washington<\/strong>. President Barack Obama has now <a href=\"http:\/\/www.cnbc.com\/id\/36601490\">refused to sign any bill that does not include provisions to control the derivatives market<\/a>.<\/li>\n<\/ul>\n<ul>\n<li><strong>Warren Buffet has been revealed as a big loser in the Goldman Sachs fallout, <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601103&amp;sid=aFdp.zbYUNH4\">according to Bloomberg<\/a><\/strong>. Movements in the stock today have reduced the value of his options by $950 million.<\/li>\n<\/ul>\n<ul>\n<li><strong>Bank of America (BAC) announced impressive earnings today, beating first quarter estimates<\/strong>. This was partly based on the company reducing its <a href=\"http:\/\/www.businessinsider.com\/bank-of-america-loan-loss-2010-4\">loan loss provisions<\/a> and also a product of the improving economy.<\/li>\n<\/ul>\n<ul>\n<li><strong>The Icelandic volcano eruption continues its European travel scourge halting flights in the British Isles and Northern Europe<\/strong>. <a href=\"http:\/\/www.businessinsider.com\/ryanair-volcano-monday-2010-4\">Ryanair<\/a> has canceled flights until midday Monday.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<\/ul>\n<p><a href=\"http:\/\/www.businessinsider.com\/closing-bell-stories-not-about-goldman-that-you-need-to-know-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/Qclc0rfNRwA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Goldman Sachs (GS) SEC charges are rocking markets today. Goldman closed at $160.70, down $23.57 or 12.79%. DJIA: Down 124 points to 11,019. NASDAQ: Down 34 points to 2481. S&amp;P 500: Down 19 points to 1192. Commodities: Oil: Down 2.7% or $2.37 to $83.14 a barrel. Gold (GLD): Down 1.9% or $22.80 to $1137.50 [&hellip;]<\/p>\n","protected":false},"author":5632,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-530341","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/530341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5632"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=530341"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/530341\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=530341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=530341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=530341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}