Market summary – September 7
The markets finally had a great day, with the S&P 500 up 1.83%, the Dow Jones up 1.4% and the NASDAQ up 2.14%. Tech companies led the way as companies made more announcements and oil prices fell. GameStop rose 12 percent after hours after reporting earnings that saw a bigger-than-expected loss. American Eagle Outfitters, on the other hand, fell 15 percent after hours as it reported a loss of $42 million in the quarter due to inflation concerns.
I am not a financial advisor and my comments should never be construed as financial advice. Investments involve risk, so always do your research and analysis beforehand.