TheDrop Market Analysis, 10/15/24

Markets cooled as it tries to maintain its all-time highs from yesterday.

All index funds are down, but the Russell 2000 managed to hold on as it generated a brief yet massive period of traction early this morning. The Nasdaq drove the bear market today.

Unsurprisingly, tech companies did not perform well today, especially chipmakers like Nvidia and AMD, both of which fell by around 5%. Meanwhile, Apple rose today as it's latest iPhone models generate popularity.

Trump Media surged today, however during post-market hours, the stock fell by significant margins. Investors have finally realized their limits for purchasing shares in the greatly controversial social media company.