Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

MARKET RECAP – APRIL 18, 2024

Written By: Jenny Galeano Gamboa

April 18, 2024

STOCK MARKET

Dow Jones ended at $37,775.38 (+0.06%)

S&P 500 ended at $5,011.12 (-0.22%)

Nasdaq Composite ended at $15,602.50 (-0.52%)

The stock market witnessed mixed performances, with the S&P 500 and the Nasdaq Composite continuing with their falling trend. This was due to the continuous decline in technology shares, which led  both indexes to experience their longest losing streaks since last October. In addition, concerns around inflation and monetary policy from the Federal Reserve remain, as well as for upcoming earnings releases. Nevertheless, despite the bearish sentiment, the Dow Jones Industrial Average still managed to increase, but it was just above it flatline. Overall, as of now, the market sentiment remains cautious, with investors waiting to see if the downward trend would continue.

CRYPTO MARKET

Bitcoin rose by 4.03% for the day, with a value of $63,528.64 as of 3:00 PM CST, as stated by Coin Metrics.

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

MARKET RECAP – OCTOBER 4, 2024

STOCK MARKET Dow Jones ended at $42,352.75 (+0.81%) S&P 500 ended at $5,751.07 (+0.90%) Nasdaq Composite ended at $18,137.85 (+1.22%) The stock market managed to end the week on a positive note despite recent setbacks, as the September jobs report revealed that nonfarm payrolls increased above expectations, while the unemployment rate decreased. These results reassured […]

Read More
Default Thumbnail

OCTOBER 4, 2024

JOB GROWTH According to the latest data released by the Labor Department, the U.S. economy saw a significant increase in job creation in September, surpassing expectations and leading to a decrease in the unemployment rate to 4.1%. The nonfarm payrolls surged by 254,000, indicating a robust employment picture and contributing to a positive outlook for […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 3, 2024

STOCK MARKET Dow Jones ended at $42,011.59 (-0.44%) S&P 500 ended at $5,699.94 (-0.17%) Nasdaq Composite ended at $17,918.48 (-0.04%) The stock market is on a downward trend again as tensions in the Middle East continue to escalate, particularly with Iran launching a missile attack on Israel and Israel starting a ground operation into Lebanon. […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 4, 2024

STOCK MARKET Dow Jones ended at $42,352.75 (+0.81%) S&P 500 ended at $5,751.07 (+0.90%) Nasdaq Composite ended at $18,137.85 (+1.22%) The stock market managed to end the week on a positive note despite recent setbacks, as the September jobs report revealed that nonfarm payrolls increased above expectations, while the unemployment rate decreased. These results reassured […]

Read More
Default Thumbnail

OCTOBER 4, 2024

JOB GROWTH According to the latest data released by the Labor Department, the U.S. economy saw a significant increase in job creation in September, surpassing expectations and leading to a decrease in the unemployment rate to 4.1%. The nonfarm payrolls surged by 254,000, indicating a robust employment picture and contributing to a positive outlook for […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 3, 2024

STOCK MARKET Dow Jones ended at $42,011.59 (-0.44%) S&P 500 ended at $5,699.94 (-0.17%) Nasdaq Composite ended at $17,918.48 (-0.04%) The stock market is on a downward trend again as tensions in the Middle East continue to escalate, particularly with Iran launching a missile attack on Israel and Israel starting a ground operation into Lebanon. […]

Read More