Market Wrap Up

Photo by Helmi Lutvyandi on Pexels.com

Hello Jedi,

Today was not a pleasant session as the Dow is down 225 points. The decline is a result of the second-quarter GDP contracting 32.9%. Also the Labor Department reported another 1.4 million jobless claims for the week.

Big tech, again, showing that the FANG (Facebook, Amazon, Apple, Netflix, and Google) operate outside the Dow by showing gains for the day.

Short Take:

Ford is up thanks to VW

Kodak up 1,780% since Friday

Fed holds key rate for now.

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Author: JavaExchange

Learner, Scholar, Economists

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