Market Recap – June 27th
On Tuesday’s trading day, investors reinvigorated their tech-fueled drive from previous weeks, with the majority of markets staying well off into the green. Positive revelations from mega-cap tech companies have continued to push the power of tech further, with the Nasdaq on track to close its best first half in 40 years. For the broad indices, the S&P 500 rose 1.15%, the NASDAQ Composite went up 1.65%, and the Dow Jones grew 0.63%.
A big winner for the day came out to be fan favorite video game stock Roblox, with its shares rising 6.66% following reaffirming analysis over their top position in the Metaverse category. Another stock in the green was airline company Delta which rose 6.84% following their full-year earnings forecast increase to $6 per share.
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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.