Market Recap – March 30th
The Markets had a down day on Wednesday with the S&P 500 down 0.63%, the Dow Jones down 0.19%, and the NASDAQ down 1.21%. Signs of a flattening yield curve along with further strikes on major Ukrainian cities disappointed investors, ending a streak of green days. However, we saw big winners today. Mullen Automotive rose by 30 percent as their CEO announced that a Fortune 500 company ordered a large amount of their cargo vans, and Lithium Americas jumped by more than 10 percent as President Biden is looking to invoke the Defense Production Act.
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.