Market Recap – November 11th
Markets continued to gain momentum following Thursday’s CPI report, with bullish investors promulgating all three major indices into the green. The S&P 500 grew 0.92% ending at 3,992.93, the NASDAQ Composite went up 1.88% to 11,323.33, and the Dow Jones rose a modest 0.10% closing at 33,747.86. Several entertainment stocks took advantage of this growth, such as Paramount Global, which outperformed its competitor’s in terms of stock gain as it increased by 13.52%. On the tech side, shares of DocuSign surged 16.48% following almost their 80% persistent loss in their share price from the past year.
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.