Market Recap – August 3rd💰

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Market Recap – August 3rd

The markets had a great performance with the S&P 500 up 1.56%, the Dow Jones up 1.29%, and the NASDAQ up 2.59%. Markets calmed down as Nancy Pelosi returned back to the United States from her diplomatic trip to Taiwan. PayPal rose by as much as 10 percent after reporting very encouraging earnings and cost-cutting measures. On the other hand, AMD fell by almost 5 percent due to a slowdown in the PC market and demand that were displayed in their earnings report.

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.

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