Market Recap – July 29th
The markets had a robust end to the week with the S&P 500 up 1.47%, the Dow Jones up 0.97%, and the NASDAQ up 1.88%. Markets embraced the contraction in GDP as earnings continued to beat expectations. One of those companies was Amazon, who rose by 10 percent as they beat revenue expectations. There were bad earnings too with Roku down 23 percent due to a larger-than-expected loss and weak guidance.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.