Market Recap – April 7th
The markets were able to escape midday losses and finish positive with the S&P 500 up 0.43%, the Dow Jones up 0.25%, and the NASDAQ up 0.06%. It looks like the market is starting to get used to the new monetary policy, which is a good sign. HP rose by 20 percent as Berkshire Hathaway revealed their stake in the company, which is always a good thing. However, Rite Aid fell by 20 percent as an analyst from Deutsche Bank said that the company is heading towards bankruptcy in a 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.