Nasdaq Rises Over 1%; Under Armour Posts Strong Q4 Sales
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks saw gains, with the Nasdaq Composite rising by approximately 250 points, while the Dow decreased slightly. Under Armour reported better-than-expected sales despite posting losses, and several smaller companies experienced significant stock price increases.
Global Market Trends: European shares were mostly higher, while Asian markets had mixed results. The annual inflation rate in the U.S. slowed to 2.3% in April, indicating a slight easing compared to the previous month.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
