Market Recap – June 28th💰

Market Recap – June 28th

Yesterday the Dow Jones Industrial Average fell 1.6%, the S&P 500 fell 2%, and the Nasdaq composite sold off 3%. The small-cap Russell 2000 also fell 1.85%. Looking at specific investments, we’re watching Nike and Walt Disney. Shares of Nike fell around 7% upon news that Wall Street’s earnings and sales expectations for the fiscal fourth quarter.

Walt Disney lost its 1% gain from the news that the Shanghai Disneyland will reopen this week after China relaxed its Covid restrictions for inbound travelers.

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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