Markets Live Recap: Why the Dow Fell for the First Time in 5 Trading Days

Stocks started the day up about 1%, building on yesterday's positive momentum that 12 states were looking to reopen parts of their economies.

But as the latest earnings reports of the FAANG stocks came into focus, investors became nervous.

This afternoon, these market leaders started selling off ahead of their conference calls with analysts later this week.

That's what ultimately drove the market down mid-day and into the close.

Here's what our experts - Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani - saw in the stock, bond, and gold markets today, April 28...

To get full access to all Money Morning content, click here

About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.

The post Markets Live Recap: Why the Dow Fell for the First Time in 5 Trading Days appeared first on Money Morning - We Make Investing Profitable.



First published here: Markets Live Recap: Why the Dow Fell for the First Time in 5 Trading Days

No comments:

Post a Comment