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.
Want to learn how to invest? Download the Invstr app, where you can play Fantasy Finance and manage a virtual investment portfolio, or open a brokerage account and invest for real. Take our interactive investing course on Invstr Academy and become a better investor today!
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.