Market Recap – May 10th
The markets were mixed on Tuesday with the S&P 500 up 0.25%, the Dow Jones down 0.26%, and the NASDAQ up 0.98%. The Dow lagged behind for what feels like the first time in an eternity as the market is trying to reprice their expectations for the coming months. Appian was a big winner, jumping up by 40 percent after it was announced they won their verdict against Pegasystems. Coinbase, however, fell by 20 percent after hours as their volume continued to slide due to volatility in the cryptocurrency space.
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.