Market Recap – May 17th
On Tuesday markets were overall in the green as of mid-day. Each major index was up nearly a percent or more only a few hours into trading, with the NASDAQ up 1.92%, the S&P up 1.42%, and the DOW up 0.80%. Crypto markets also began the day mostly in the green, with few tokens within the largest fifty market caps in the red. Today we’re watching investments in Mastercard and Citigroup. Mastercard recently announced a new biometrics program enabling retailers to have payment methods go through with facial recognition and fingerprint scanning. Citigroup shares jumped on news that the famous Warren Buffet held a $3 billion stake in the bank.
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.