Prime Bright Investment Limited

Stocks retreated from record levels after concerns over economic recovery surfaces. Investors turned nervous due to the recent COVID surges, especially its impact while the recovery is underway, some thought it may cause veer the progress.

Stock market session today ended with a mix of results as traders and investors focus on the pace of the economic recovery as well as the pressures caused by inflation, while waiting for something, like a catalyst, to tilt the market to their favor.

Redfin is a company founded way back in 2004 primarily as a real estate brokerage and went public in 2017.

As part of the FAANG stocks, Facebook stocks are considered growth stocks and with the recent trend in the market, its stocks are currently down.

One of the largest electronic car stock holders, Tesla, continues to underperform for several days in a row now.

First trading session in May wraps with a mixture of results. Dow started off with about 0.70% increase, and S&P continues on the winning streak and gained almost 0.30%.

The EV market is moving forward as the U.S and China government are advancing on cutting emissions.