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MARKET RECAP – APRIL 12, 2023

STOCK MARKET

Dow Jones ended at $33,646.50 (-0.11%)

S&P 500 ended at $4,091.95 (-0.41%)

Nasdaq Composite ended at $11,929.34 (-0.85%)

Despite starting strong, the stock market declined as investors grew increasingly anxious about the possibility of a recession. Consequently, the Dow Jones Industrial, S&P 500 and Nasdaq Composite all fell. This happened despite the release of new data showing lower-than-expected inflation.

CRYPTO MARKET

Bitcoin fell by 1.47% with a value of $29,834.19 as of 3:00 PM CST, as stated by Coin Metrics.

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MARKET RECAP – APRIL 22, 2024

STOCK MARKET Dow Jones ended at $38,239.98 (+0.67%) S&P 500 ended at $5,010.60 (+0.87%) Nasdaq Composite ended at $15,451.31 (+1.11%) The stock market had a positive start to the week as all major indexes showed gains. This was largely attributed to a rebound in tech shares, a decrease in tensions in the Middle East following […]

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APRIL 22, 2024

HALVING AFTERMATH Following the lasted halving event which went ahead last Friday, Bitcoin’s price has remained steady, trading above $65,800, but there was a noticeable drop in transaction fees. On-chain data shows medium-priority transactions costing $8.48 and high-priority transactions at $9.32, significantly lower than the initial spike post-halving. Moreover, despite expectations that miner revenue would […]

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MARKET RECAP, APRIL 19, 2024

STOCK MARKET Dow Jones ended at $37,986.40 (+0.56%) S&P 500 ended at $4,967.23 (-0.88%) Nasdaq Composite ended at $15,282.01 (-2.05%) The stock market ended the week with mixed performances as the Nasdaq Composite fell for a sixth straight session due to declines in tech stocks like Nvidia and Super Micro Computer. In addition, the S&P […]

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