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MARKET RECAP – APRIL 13, 2023

STOCK MARKET

Dow Jones ended at $34,029.69 (+1.14%)

S&P 500 ended at $4,146.22 (+1.33%)

Nasdaq Composite ended at $12,166.27 (+1.99%)

The stock market experienced a significant boost with Big Tech companies leading the way. Traders were pleased by a recent report that indicated a reduction in U.S. inflation. As a result, the S&P 500 increased reaching its highest level since February. The Nasdaq Composite and the Dow Jones Industrial Average also experienced gains.

CRYPTO MARKET

Bitcoin rose by 1.61% with a value of $30,354.5 as of 3:00 PM CST, as stated by Coin Metrics.

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