Benzinga | Mar 23, 2021 04:35PM EDT

What's Moving The Market Tuesday?

Top News

* U.S. New Home Sales decreased from 923,000 in January to 775,000 in February.

* New York City Mayor Bill De Blasio said city employees working remotely can return to their offices starting May 3, 2021.

* Dolphin Entertainment (NASDAQ:DLPN) launched a new Non-Fungible Token division, expecting several upcoming projects and partnerships.

* Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell testified to the Financial Services Committee of House of Representatives.

* White House said it is considering executive actions on gun violence. Sturm Ruger & Co (NYSE:RGR) and Smith & Wesson Brands (NASDAQ:SWBI) shares spiked higher on volume, before reversing lower.

* Robinhood reportedly filed confidentially for an Initial Public Offering (IPO).

* GameStop (NYSE:GME) reported Q4 earnings results, missing analyst's estimates. The company continued to suspend guidance.

Indices Around The Globe

* S&P 500 Futures down 0.74% to near 3,900.

* UK's FTSE 100 down 0.4% to near 6,699.

* Japan's Nikkei 225 down 0.61% to near 28,995.

Bonds

* 10-year treasury yield at 1.61%.

Commodities

* Crude oil down 6.56% to near $57.52/barrel.

* Gold down 0.66% to near $1,726/oz.

* Silver down 2.63% to near $25.09/oz.

Crypto

* Bitcoin down 1.61% over the last 24 hours to near $54,965.

Preview For Wednesday, March 24

* Core Durable Goods Orders - 8:30 a.m. EDT

* Crude Oil Inventories - 10:30 a.m. EDT

* Federal Reserve Chairman Powell to testify to Congress