Market Recap – October 24th
Markets continued positive trends from the end of last week, with all three major indices in the green following this week’s busy earnings calendar. The S&P 500 rose 1.19%, the NASDAQ Composite climbed 0.86%, and the Dow Jones grew 1.34%. Office-sharing company WeWork made significant headlines as it rallied 6.22% after analysts applauded their recent real estate optimization that cut back $2.7 billion in expenses. On the other hand, casino operator Las Vegas Sands Corp fell 10.29% after Chinese exposure worried investors following recent political news regarding Xi Jinping.
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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.