Market Recap – December 14th 💰

Market Recap – December 14th

The Dow Jones Industrial Average currently trades at 34,317.97, representing a 0.61% increase. The best-performing sectors yesterday were Utilities and Health Care, with gains of 0.96% and 0.81%, respectively.

Looking at specific investments, we’re watching Delta and SoFi. Delta Air Line’s shares increased by 2.4% after the company stated that it expects 2023 earnings to nearly double due to the continued travel growth. Delta predicts a revenue increase between 15% and 20% in 2023. On the other hand, the fintech stock, SoFi, increased by more than 7% after it was revealed that CEO Anthony Noto bought $5 million in common stock through multiple trades from Friday to Tuesday. This information was disclosed in a filing.

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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.

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