Market Recap – July 6th💰

Market Recap – July 5th

U.S. stock futures slipped on Wednesday night as investors digested the most recent meeting minutes from the Federal Reserve. Looking at the top indexes all three of them declined. Dow Jones futures declined 0.33%, the S&P 500 and Nasdaq 100 futures fell 0.36%.

Looking at specific stocks, we’re watching Netflix and Rivian. Yesterday, Netflix stock dropped nearly 1% after Barclays slashed its price target which dropped the stock heavily. Rivian, the EV company jumped over 10% in light of 25,000 vehicles this year. In its most recent quarter, Rivian said it produced 4,401 vehicles, and delivered 4,467, in line with the company’s expectations.

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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