Market Recap – January 25th
Throughout Wednesday’s trading day, markets started far lower following dismal guidance provided during Microsoft’s earnings call. As the day progressed, investor sentiment rose alongside new earnings data, pushing the major indices higher. The S&P 500 fell by 0.02%, the NASDAQ Composite went down 0.18%, and the Dow Jones remained positive at 0.03%.
One of the largest increases of the day came from Warner Bros Discovery, shares of which rose 8.59% following analysts’ upgrades of the stock. Another large riser was Capital One Finance Corp, growing 8.99% following an increase in credit reserves twice the size of its peers.
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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.