The Dow Jones, Russell 2000, S&P 500, and Nasdaq-100 all ended in the today, with the Nasdaq down by the most. Three out of eleven of the S&P 500 sectors ended higher, led by industrials and energy. Boeing (BA) shares rose more than 2% today after reports emerged that it won a 737 Max Jet order worth up to $40B from Ryanair. Palantir (PLTR) shares soared more than 23% today, after its first quarter results rose and revenue saw an 18% year-over-year increase. PayPal (PYPL) shares fell nearly 13% during the session. Although adjusted earnings and revenue came in better-than-expected, the cut PYPL made to its adjusted margin forecast got a negative reaction. Tuen in to find out more about the stock market today and what to look out for tomorrow.
09 May 2023
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