Market Recap – September 28th
Markets finally got some investor confidence back, with big increases coming to all three major indices. The S&P 500 rose 1.97%, the NASDAQ Composite went up 2.05%, and the Dow Jones climbed 1.88%. Shares of Netflix grew by quite a large margin today, increasing 9.29% following their future addition of a lower cost, ad-supported subscription plan set to release in the coming months. PayPal also rose big at 6.26% following the attractive pricing in growth stocks after investors moved to buy bonds at higher yields.
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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.