Market Recap – January 27th 💰

On Friday’s trading day, markets continued to pedal ahead as investors gain confidence in the present earnings and hopes of positive words by the Fed this upcoming week. All three incidences finished positive, with the S&P 500 rising 0.25%, the NASDAQ Composite going up 0.95%, and the Dow Jones just staying positive by 0.08%.

Tesla seemed to be the biggest winner of the day again, growing by 11% following a record-crushing revenue quarter in their earnings report. On the contrary, shares of popular toy stock Hasbro lost 8.1% following more dismal earnings and weak guidance headed into 2023.

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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.

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