Market Recap – October 14th
After a volatile trading week, stocks slipped lower with the major indexes suffering some losses. The S&P 500 dropped 2.37%, the NASDAQ Composite went down 3.08%, and the Dow Jones fell 1.34%. With earnings for the automaker giant Tesla coming on Wednesday the 19th, share prices were down 7.55%. On the opposite end, US Bancorp stock rose 3.36% after posting earnings that beat analysts’ expectations.
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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.