Market Recap – April 26th
The markets were absolutely battered yet again on Tuesday with the S&P 500 down 2.81%, the Dow Jones down 2.38%, and the NASDAQ down 3.95%. This was one of the most volatile days we’ve seen in the past year, and the stock market is back to December 2020 levels, which isn’t encouraging. One company that struggled today was Tesla as investors were worried about their CEO Elon Musk, who took control of another multi-billion-dollar company, Twitter. However, we did have some green today, with paint company Sherwin Williams rising by 9 percent off of a great earnings beat.
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.