STOCK MARKET
Dow Jones ended at $41,250.50 (+0.02%)
S&P 500 ended at $5,620.80 (+0.16%)
Nasdaq Composite ended at $17,754.82 (+0.16%)
The stock market saw positive gains, with slight increases in the S&P 500, the Nasdaq Composite driven by anticipation surrounding Nvidia’s upcoming earnings report. As a key player in the tech and artificial intelligence sectors, Nvidia’s second-quarter results were eagerly awaited by investors, with its shares advancing by around 1.5% on the day. Additionally, let’s remember that Federal Reserve Chair Jerome Powell’s indications of potential interest rate cuts at the upcoming policy meeting provided optimism for investors, and as a result the Dow Jones Industrial Average continued with its upward trend. Nevertheless, despite this, it is worth noting that the market has also displayed a cautious approach due to the lack of significant economic data and ongoing uncertainties like trade tensions, and this has led the focus on key earnings reports and potential policy changes ahead.
CRYPTO MARKET
Bitcoin fell by 2.15% for the day, with a value of $62,078.99 as of 3:00 PM CST, as stated by Coin Metrics.
