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MARKET RECAP – APRIL 20, 2023

Written By: Jenny Galeano Gamboa

April 20, 2023

STOCK MARKET

Dow Jones ended at $33,786.62 (-0.33%)

S&P 500 ended at $4,129.79 (-0.60%)

Nasdaq Composite ended at $12,059.56 (-0.80%)

The stock market saw declines on all major indexes due to a mix of earnings reports, with Tesla’s results being particularly disappointing. Moreover, new data indicated that the economy is in decline. As a result, the S&P 500, the Nasdaq Composite and the Dow Jones Industrial Average all decreased slightly.

CRYPTO MARKET

Bitcoin fell by 4.10% with a value of $28,081.03 as of 3:00 PM CST, as stated by Coin Metrics.

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