Market Recap – April 11th
On Tuesday’s trading day, investors were again little changed in their sentiment regarding the market. One day ahead of March’s CPI report, investors continue to tread carefully as these numbers may dictate the Fed’s action in next month’s meeting. The S&P 500 didn’t change at 0.00%, the NASDAQ Composite went down 0.43%, and the Dow Jones just rose by 0.29%. One of the biggest winners of the day was Weight Watcher’s parent company WW International, shares of which grew by 58.98% after news of their entrance into the obesity medication market. Another winner of the day was used vehicle retailer CarMax which grew 9.64% after beating expectations on earnings and revenue.
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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.