Market Recap – July 15th
The markets had a great day with the S&P 500 up 1.92%, the Dow Jones up 2.15%, and the NASDAQ up 1.79%. Decreased fears about the economy paired with solid economic data has kept investors happy.
One stock that followed the markets was Pinterest, who rose by 16 percent following news reports that firm Elliott Management bought shares in the company. On the flip side, Plug Power fell by almost 13 percent as President Biden’s climate spending plans went down the drain after reduced support.
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.