- The Nasdaq closed 0.85% lower at 13,963 on Friday.
- Twitter stocks plunged 15% after announcing slowed user growth expectations.
- Vaccitech disappointed investors of Wall St debut closing 17% lower than IPO.
The US markets closed lower on Friday but the three key indexes posted gains for the month of April as investors weighed up signs of an economic recovery in the US throughout the month, against spikes in COVID-19 cases around the world especially in India.
The Dow Jones fell 0.54% to finish the trading day down 186 points to close at 33,875 points, but gained 2.7% for the month of April.
The tech heavy NASDAQ fell 0.85% to finish the trading day down 120 points to close at 13,963 points, but gained 5.4% for April.
One bitcoin is worth US$56,566 going into the Asian trading day.
The Australian dollar is stronger against the major currencies and is buying 77.16 US cents.
Social media giant Twitter plunged more than 15% on Friday as investors digested its first-quarter results further with the company saying it expects user growth to slow considerably this year.
The biotech startup Vaccitech, the company behind the technology used to develop AstraZeneca?s COVID-19 vaccine, plunged on Wall Street debut on Friday. Following an IPO at US$17/share, the biotech startup plunged 17.06% to close the session at US$14.10/share.
And Apple watches may soon be able to tell blood sugar and blood alcohol levels of users after UK health tech firm Rockley Photonics confirmed Apple has been its largest customer for the last two years and its continuing the deal to help develop future products.