Market Recap – April 27th
The markets were rather flat after a positive start with the S&P 500 up 0.21%, the Dow Jones up 0.19%, and the NASDAQ down 0.01%. Earnings looked to be more positive, with large tech companies reporting mixed results as compared to negative the past few days. Meta Platforms was a great example, reporting a beat on earnings and rising by nearly 20 percent after hours after a quarter of controversy. On the cyclical end, Mattel rose by 10 percent as they are in talks with private equity firms for a buyout deal.
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.