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MARKET RECAP – APRIL 27, 2023

STOCK MARKET

Dow Jones ended at $33,826.16 (+1.57%)

S&P 500 ended at $4,135.35 (+1.96%)

Nasdaq Composite ended at $12,142.24 (+2.43%)

The stock market saw a rise primarily driven by strong earnings from Meta, which boosted the performance of tech-related stocks. As a result, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all experienced significant gains, marking the best day for the Dow and S&P 500 since January and the Nasdaq’s best day since March.

CRYPTO MARKET

Bitcoin rose by 4.16% with a value of $29,685.42 as of 3:00 PM CST, as stated by Coin Metrics.

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