U.S. stock lower in pre-market trading for,april 07.The Nasdaq Futures is trading at 13,568.50 with a loss of -0.01% percent or -1.50 point.The Dow Futures is trading at 33,315.00 with 0.00% percent or 0.00 point.The S&P 500 Futures is trading at 4,062.88 with a loss of -0.03% percent or -1.12 point.

It’s a previously unreported detail that shows the extraordinary steps some banks took to protect themselves from incurring losses from a client’s meltdown. The moves benefited Morgan Stanley, the world’s biggest equities trading shop, and its shareholders. While the bank escaped from the episode without material losses, other firms were less fortunate. Credit Suisse said Tuesday that it took a $4.7 billion hit after unwinding losing Archegos positions; the firm also cut its dividend and halted share buybacks.

Tuesday Activity

For the day The Nasdaq Composite is trading at 13,705.59 up with +1.67% percent or  +225.49 point.the Dow is trading at 33,527.19 up with +1.13% percent or +373.98 point. The S&P 500 is trading at 4,077.91 up with +1.44% percent or +58.04 point.

Other leading market index closes included the small-cap Russell 2000 Index closed  at  2,259.15 with a loss of -0.25% percent or -5.73 point; the S&P 600 Small-Cap Index closed at 1,343.93 with -0.15% percent or  -2.08 point; the S&P 400 Mid-Cap Index closed at 2,666.66 up with +0.063% percent or +1.68 point; the S&P 100 Index closed at 1,850.10 with  a loss of –0.13% percent or  ?2.46 point; the Russell 3000 Index closed at 2,443.18  with a loss of -0.0090% percent or ?0.22 point; the Russell 1000 Index closed at 2,296.28 up with +0.0091% or –0.21 point