Market Recap – March 29th
The Markets had an impressive Tuesday with the S&P 500 up 1.23%, the Dow Jones up 0.97%, and the NASDAQ up 1.84%. Light signs of cooling tensions between Russia and Ukraine created a positive mood during trading, and many tickers jumped as a result. IGM Biosciences saw their stock shoot up by more than 100 percent as they announced a collaboration deal with large biotech firm Sanofi. MicroVision, on the other hand, saw their shares jump solely on increased volume, which makes sense as they have been a popular meme stock for retail traders.
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.