TheDrop Market Analysis, 9/30/24
- Alexangel Ventura
- Sep 30, 2024
- 1 min read
After a turbulent morning, stocks finished strong this evening.
While most index funds ended the day with very similar lows and highs from Friday, enthusiasm spiked toward the evening as investors flooded the market, anticipating great results from this week's numerous economic reports.
Tech stocks mostly slowed today, but still reported very marginal increases in share price.
However, Apple was an outlier in that it grew significantly, reversing lows acquired from the fallout of its underwhelming new iPhone 16 models by growing about 2%. Also, Tesla has reached a near all-time high in share price at over $261.
Donald Trump's media stock has surged after new polls indicating that he has a strong lead in many key swing states including Pennsylvania.