Market Recap – September 29th💰

Market Recap – September 29th

After a positive Wednesday, markets seemed to track back to new lows after treasury yields resumed their sharp climb. From the major indices, the S&P 500 dropped 2.11%, the NASDAQ Composite went down 2.84%, and the Dow Jones fell 1.54%. Top of the market movers was Carmax, which slid 24.60% after they missed earnings. With most of the market down, Everest Re Group was able to stay positive, growing 3.11% after claims that home improvement sales will rise after Hurricane Ian.

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