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MARKET RECAP – APRIL 25, 2023

STOCK MARKET

Dow Jones ended at $33,530.83 (-1.02%)

S&P 500 ended at $4,071.63 (-1.58%)

Nasdaq Composite ended at $11,799.16 (-1.98%)

The stock market fell due to concerns about the banking industry following the release of First Republic Bank’s earnings report. As a result, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all experienced significant losses.

CRYPTO MARKET

Bitcoin rose by 0.89% with a value of $27,617.81 as of 3:00 PM CST, as stated by Coin Metrics.

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