Market Recap – July 20th💰

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Market Recap – July 20th

The markets did pretty well with the S&P 500 up 0.59%, the Dow Jones up 0.15%, and the NASDAQ up 1.58%. Earnings of companies were pretty solid, continuing the indices’ rallies.

Coinbase was one of Wednesday’s big winners, going up by 14 percent as cryptocurrencies continued to do well and the company announced that they had no exposure to the recent crypto companies that went bankrupt. Unfortunately, Biogen fell 6 percent due to their earnings report, with investors worried about the future of the company after their Alzheimer drug didn’t perform well.

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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