On Wednesday 6/1/22, stocks went down -30.92$. The S&P 500 has been on a steady rise. However, it is starting to go down. Many things affect the markets from oil prices, The War in Ukraine and inflation. The S&P 500 - a collection of the top 500 U.S stocks, is what many people use to determine the economy. It is down by -0.75% today. Ten out of 11 S&P 500 sectors were negative, led to the downside by financials with a nearly 1.7% decline. Energy was the one bright spot, up close to 1.8% as oil prices rose. Stocks such as
NASDAQ: AAPL is down, 0.087%-0.13 $148.71
Today was the stock's second consecutive day of losses. AAPL (Apple Inc) closed $34.23 short of its 52-week high ($182.94), which the company reached on January 4th.
NASDAQ: MSFT is up, 0.20%+0.55 $272.42
MSFT (Microsoft Inc) closed higher than Tuesday. There was no connection but some source released earlier today that ‘China-linked hackers are exploiting a new vulnerability in Microsoft Office platform’.
NASDAQ: AMZN is up 1.23%+29.49 $2433.68
AMZN (Amazon) put the track for the best five-day stretch in seven years, as they bucked a selloff in the broader market.
That is the market today.
Cya tommarow
TNN editors
Sources: Google Finance, CNBC, CNN
—-------------------------------Note this is not Financial Advice—-------------------------------------
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