πŸ“‰ Weekly US Stock Market Update (Oct. 21 - 25)

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Mavefund

2024-10-25

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πŸ“‰ Weekly US Stock Market Update (Oct. 21 - 25):

The #SP500 experienced a slight decline of 0.85%.

It’s been a busy week in the markets! Here’s a quick recap of some of the biggest stock movers:

Top Gainers:

πŸš€ #Tesla ($TSLA): +23%

Strong Q3 earnings drove this impressive rally.

πŸš€ #TrumpMedia ($DJT): +30%

Momentum trading and retail investor interest fueled this surge.

πŸš€ #SpiritAirlines ($SAVE): +36%

Gains attributed to strategic job cuts and plane sales.

Top Losers:

πŸ“‰ #NewmontCorporation ($NEM): -17%

Disappointing Q3 earnings impacted investor sentiment.

πŸ“‰ #GenuineParts ($GPC): -20%

Weak profit margins and a lowered outlook raised concerns.

πŸ“‰ #MohawkIndustries ($MHK): -20%

A disappointing earnings report led to significant losses.

Let’s keep an eye on these trends as we move forward. What are your thoughts on this week’s market performance? Share your insights below!

#StockMarket #Investing #Finance #BusinessInsights #MarketTrends


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