Market Recap – April 6th
The market had another down day with the S&P 500 down 0.97%, the Dow Jones down 0.42%, and the NASDAQ down 2.22%. The Federal Reserve’s comments over the last 2 days have concerned investors, especially the tech sector as shown by the NASDAQ’s performance. Nvidia was one of the victims of this, falling by 6 percent as the entire semiconductor industry was battered by the monetary policy discussion. Moderna also had a rough day, down 5 percent as studies globally showed that the fourth vaccine dose didn’t seem to have an impact on the immunity level.
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.