Market Summary – May 2
After many ups and downs, the markets closed in the positive: the S&P 500 grew by 0.57%, the Dow Jones – by 0.26%, and the NASDAQ – by 1.63%. Fresh quarterly results and another strong technology day helped support the markets today, with volatility on both sides. Avis Budget’s assets jumped 10 percent due to declining both revenue and revenue, which demonstrated strength in the car rental industry. On the other hand, Chegg fell more than 30 percent after their leadership was cut a lot, which was a trend for companies that stay at home.
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 in advance.