Market Recap – April 29th
The markets had a great day on Thursday with the S&P 500 up 2.47%, the Dow Jones up 1.85%, and the NASDAQ up 3.06%. Strong performances from large tech names once again helped the NASDAQ outperform everyone else today, with the most notable one being Apple, who rose 5 percent after reporting great earnings with the supply chain shortages. It wasn’t all sunshine though, with Teladoc falling by 40 percent after an earnings miss and guidance cut, which makes sense due to the risky business of telehealth.
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.