Market Recap – September 12th
The markets continued roaring with the S&P 500 up 1.06%, the Dow Jones up 0.71%, and the NASDAQ up 1.27%. Yesterday’s preview of a slowdown in the CPI got investors enthusiastic about stocks, sending indices up. Bristol-Myers Squibb rose by 3.14% following FDA approval for their psoriasis drug, but Rent the Runway fell by 22 percent after hours as they saw an unexpected drop in subscribers.
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.