Dan Schwartzman

The preliminary April sentiment index slumped to 47.6 from 53.3 in March.

That's according to the University of Michigan data out Friday.

That was below all but one estimate in a Bloomberg survey of economists.

Joan Hsu, the director of Michigan's Consumer Surveys, says there are some positives, though, to look at.

The University of Michigan's Joan Hsu speaking to Bloomberg.

The current conditions gauge slid to a record low of 50.1 in April, while the Expectations Index declined to the weakest since 1980.

Consumers' perceptions of their current financial situation matched the worst since 2009.

Artemis 2 expected a splashdown in the Pacific Ocean at around 8.10 p.m.

ET after the four astronauts aboard NASA's lunar mission journeyed farther beyond their home planet than any humans before them.

The reentry process will subject the Orion capsule to a firestorm reaching 5,000 degrees, the astronauts being kept cool in pressurized flight suits.

President Trump praising Palantir technology in a post on Truth Social, saying it has, quote, proven to have great warfighting capabilities and equipment.

Just ask the enemy.

Palantir shares paired their decline to 2 percent after Trump's post.

Shares have been down as much as 6 percent.

Round two of the Masters ongoing at Augusta National with defending champion Rory McIlroy all alone atop the leaderboard at seven under.

Both Justin Rose and Patrick Reed are two strokes behind in second.

That's news when you want it with Bloomberg News Now.

I'm Dan Schwartzman and this is Bloomberg.

News when you want it with Bloomberg News Now, I'm Dan Schwartzman.

Shipping through the Strait of Hormuz remains curtailed, with transits over the past 24 hours consisting almost exclusively of ships linked to Iran.