Market Recap – August 11th
The Dow Jones was up 0.08% on Thursday, and the top performing sector was Energy and Financials, up 2.95% and 0.78% respectively. Looking at specific investments, we’re watching J&J as well as Disney. Johnson & Johnson will stop selling talc-based baby powder globally in 2023, over two years after it ended U.S. sales, a product that drew thousands of consumer safety lawsuits. Disney is also a stock worth watching as they just announced they will be increasing the price on its streaming products and theme parks.
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.