Market Recap – April 10th
On Monday’s trading day, investors retraced to higher levels as markets opened lower. With uncertainty remaining high and inflation-related data set to release on Wednesday, investors left markets stagnant with little to no price action. The S&P 500 just grew by 0.10%, the NASDAQ Composite went down by 0.03%, and the Dow Jones just rose by 0.30%. On the higher winning end, shares of chip provider Micron Technology climbed by 8.04% after competitor Samsung announced their temporary cuts to chip production. Also in the green was popular movie theater chain AMC Entertainment, which grew by 6.94% following the worldwide success of ‘The Super Mario Bros. Movie’.
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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.