Market Recap – July 18th
The markets reversed midday with the S&P 500 down 0.84%, the Dow Jones down 0.69%, and the NASDAQ down 0.81%.
Stocks were enjoying a healthy green day before Apple, who finished down 2 percent, reported that they are going to slow hiring and spending, weighing the markets down. On the other hand, Marathon Digital Holdings saw their share price soar by 20 percent as cryptocurrencies had a great day, with Bitcoin up almost 10 percent.
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.