How great it feels when the stocks open with higher rates, but how sad we become when it goes down and down as day passes, same as today happened for the stocks, today indexes ended the session with the downgrade of less than 0.1% approximately. The Entrepreneur Index gets slightly better closing with a gain of 0.08%.
Stocks are been grateful towards tesla as tesla had another best day in the stock market and they get the biggest gain of the day with the up of 1.98% when Morgan Stanley analyst Adam Jonas suggested that the investors were not taking the company seriously for investment as this company has autonomous driving technology. And then the stock was up. The shares were up more than 20% in June after losing 50% of their value in the first months of the year.
Now let’s get to our Technology sector, It was once again a mixed performance of the day. Facebook was up by 1.88% and Graphics Card Maker NVIDIA Corporation was up by 1.56%. These two companies had good gains for today but however, the software-makers Adobe System Inc faced a downgrade of -1.55% and salesforce.com also downgraded by -1.73% which is a good loss for a day.
We have Clothing Retailers also so for today they had a decent opening and closing, Under Armour Inc. was up by 1.55% and L Brands was up by 1.65% and this is quite a good gain for a day while Gap Inc. was up by 0.83% and Ralph Lauren Corporation was up by 0.18$ which are also good and that will work for them.
There were quite great declines in the market also which includes pest-control company Rollins Inc. which was down by -1.78%, FedEx Corporation was down by -1.48%, Cerner Corporation was down by -1.42% and Intercontinental Exchange faced a loss of -1.32%.
