Market Recap – September 12th 💰

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Market Recap – September 12th

The markets reversed course on Tuesday after bearish sentiment regarding inflation ahead of the report. Despite a mid-day rally, pressures from oil prices left the indices struggling in the late hours. The markets closed with the S&P 500 down 0.57%, the Dow Jones down 0.05%, and the NASDAQ down 1.04%, with tech struggling heavily after leading yesterday. One of those tech stocks was Oracle, down 13.50% to $109.67 after failing to meet expectations across the board, considering how great AI has been doing in earnings reports across the board. On the other hand, Casey’s General Stores rose by 11.16% to $266.12 following positive earnings from their end as net profits were up 11 percent due to factors like increased pizza sales.

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