Bloomberg Market Wrap 4/22: Small Caps, S&P 500, Spotify

The video discusses market trends focusing on the Russell 2000 and S&P 500. It highlights the importance of the Russell 2000 breaking above 1600 for market confirmation and notes the S&P 500's strong performance in 2019. The video also covers Spotify's stock decline due to increased competition from SiriusXM and Amazon.

What is the key level that the Russell 2000 needs to surpass for market confirmation according to the analysis?

• 1700

• 1600

• 1500

• 1800

In 2019, how does the S&P 500's performance from January to April compare to previous years?

• It is the best start ever.

• It is within the top 5 starts.

• It is within the top 10 starts.

• It is the worst start in a decade.

What potential catalyst is mentioned that could drive further gains for the S&P 500?

• Interest rate cuts

• Upcoming earnings reports

• New government policies

• International trade agreements

What was the impact on Spotify's shares following the announcement of SiriusXM's new streaming service?

• Shares increased by 2%

• Shares decreased by 2%

• Shares remained unchanged

• Shares increased by 4%

What was the initial debut price of Spotify's stock in April of the previous year?

• $180

• $132

• $150

• $165