HomeTechFAANGThe Wrap: FAANGM & Mastercard (MA), Ford (F) Winners Of The Day
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The Wrap: FAANGM & Mastercard (MA), Ford (F) Winners Of The Day

The markets gapped higher and rallied into the close today with most of the strength being in the Russell 2000. In terms of the 10-year treasury index, it finished over 3% lower. The VIX or the Fear Index dipped below the 19 level, which has not happened since January 2022. Next, Scott Connor weighs in on the FANNGM stocks being strong with names like Microsoft (MSFT), Apple (AAPL), and Meta Platforms (FB). Other names that did well include Mastercard (MA) and Tesla (TSLA). On the other hand, the energy sector finished weak, but had some movers to the upside like Schlumberger (SLB) and Halliburton (HAL). Also, the automobile sector saw some winners with Ford (F) stock price finishing up over 6% today. Finally, Connor discusses the Consumer Confidence and JOLTS reports and their impact on the overall markets.

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29 Mar 2022

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