Cryptocurrencies continue their freefall. And it’s getting tougher to find baby formula these days. We’re keep hearing “bear market” being tossed around. All eyes are on the S&P, which hits bear market territory around 38-hundred.

The Dow fell yet again, down today 103 points to close at 31,730
The Nasdaq turned things around late in the day to gain 6 points.
The S&P fell 5 points, still hovering above 3,900.

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The crypto market is bad right now, too. The price of bitcoin plunged below $26,000 today, its lowest level in 16 months. In fact, more than $200 billion in cryptocurrencies were erased in a single day.

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There’s a shortage on baby formula, and some say it could last months. It comes after a top supplier recalled name-brand formulas back in February. Some stores are now limiting formula purchases.

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Carvana stock jumped nearly 30% today along with other shorted stocks. Several firms recently downgraded Carvana stock.
Bumble shares went up 26% after the dating app reported first quarter earnings of $211 million.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.