Market Recap – June 9th
The markets had an off day with the S&P 500 down, the Dow Jones down, and the NASDAQ down. Investors were disappointed by the jobs report released on Thursday, and it’s possible they are pricing in the upcoming inflation report too.
PagSeguro saw themselves down by more than 20 percent as their profit margins didn’t look too appealing to investors in their earnings report. Additionally, Tesla was hit with an analyst upgrade from UBS, sending their shares up against the will of the market.
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.