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MARKET RECAP – APRIL 5, 2023

Written By: Timmy

April 5, 2023

STOCK MARKET

Dow Jones ended at $33,482.72 (+0.24%)

S&P 500 ended at $4,090.38 (-0.25%)

Nasdaq Composite ended at $11,996.86 (-1.07%)

The Nasdaq Composite continued its decline for the third consecutive day. Investors moved away from growth stocks due to concerns about the weakening of the U.S. economy. This trend was also reflected negatively in the S&P 500 index. However, the Dow Jones Industrial managed to see a slight gain, mainly driven by better performance from healthcare stocks.

CRYPTO MARKET

Bitcoin rose by 0.38% with a value of $28,258.29 as of 3:00 PM CST, as stated by Coin Metrics.

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