Market Recap – May 16th💰

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Market Recap – May 16th

Markets finished on a positive note last week, however, this Monday the markets took a shift back into the red. Overall, each index fell at least a little. Specifically, The Dow Jones Industrial Average dropped 110 points or 0.3%. The S&P 500 fell 0.6% and the Nasdaq Composite fell 1.3%. Looking at two specific investments, we’ve been watching Carvana and Twitter. Carvana saw gains upon the release of its new operating plan, and Twitter saw losses in light of Elon Musk putting his purchase of the company on hold.

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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