Market Recap – October 4th
Markets had an even better day today with the S&P 500 up 3.06%, the Dow Jones up 2.80%, and the NASDAQ up 3.34%. The October rally has continued with back-to-back days of major gains fueled by investor optimism. Twitter jumped by 22 percent midday after it was announced that Elon Musk would go through with the deal. Peloton also had a good day, rising by 18 percent to $8.86 after announcing another partnership with Hilton Hotels.
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.