Market Recap – April 13th
The Dow Jones Industrial Average was up 1.01% today with other indexes also up a small amount. Looking at specific investments we’re watching eBay and Foot Locker. Over the years eBay has one of the biggest e-commerce companies in the world and has been making major moves to continue their expansion. Indeed platforms like eBay have been expanding their offerings to connect global buyers and sellers across more than 190 markets around the world. Beyond eBay we’ve been watching Foot Locker – an athletic footwear and apparel retailer. All in all the company has seen a decline in year over year growth for Q4 of 2021. Beyond this sales of Apparel have significantly outpaced footwear sales for the quarter.
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.