Market Recap – September 23rd
After a rough week for the markets, growing fears of a recession have shown themselves in all three major indices. The S&P 500 dropped another 1.72%, the NASDAQ Composite went down 1.80%, and the Dow Jones fell around 500 points at a 1.62% decrease. Forecasted demand for fast-food chain Dominos ended up increasing their shares by 3.08%. On the other side, FedEx’s rough earnings week had them down another 3.37% at Friday’s close.
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.