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MARKET RECAP – MAY 25, 2023

Written By: Jenny Galeano Gamboa

May 25, 2023

STOCK MARKET

Dow Jones ended at $32,764.65 (-0.11%)

S&P 500 ended at $4,151.28 (+0.88%)

Nasdaq Composite ended at $12,698.09 (+1.71%)

The stock market saw mixed performances with two major indexes experiencing gains. The S&P 500 and the Nasdaq Composite increased due to Nvidia’s strong earnings report and potential progress addressing the U.S. debt ceiling. However, the Dow Jones Industrial Average decreased slightly as Intel’s shares fell.

CRYPTO MARKET

Bitcoin rose by 0.66% with a value of $26,498.00 as of 3:00 PM CST, as stated by Coin Metrics.

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