STOCK MARKET
Dow Jones ended at $38,686.32 (+1.51%)
S&P 500 ended at $5,277.46 (+0.80%)
Nasdaq Composite ended at $16,735.02 (-0.01%)
The stock market ended the month with mixed performances as the Dow Jones Industrial Average and the S&P 500 managed to recover from the losses they had experienced the past two sessions, with the Dow posting its best day of the year. Meanwhile, the Nasdaq Composite did not join the upward trend as it ended on the negative side, but it is worth remarking that it stayed almost unchanged. Due to the latest inflation data that was released earlier today, which met expectations, there was some relief among investors. Nevertheless, reactions to corporate earnings results varied, and as a result, there was a combination of positive gains and losses, which resulted in a mixed end to the month. Moreover, it is important to highlight that although all three major indexes experienced some setbacks during May, the overall performance was strong May. However, despite this, there are still concerns about choppiness in the market due to factors such as the upcoming election, Treasury yields, and consumer spending.
CRYPTO MARKET
Bitcoin fell by 1.66% for the day, with a value of $67,637.10 as of 3:00 PM CST, as stated by Coin Metrics.
